Auto Power Partners with Zhejiang Jinxi Solar Energy Equipment to Manufacture Solar Panels

Auto Power Private Limited, a Bangladesh based company and Zhejiang Jinxi Solar Energy Equipment Company Limited a Chinese company, have formed a partnership to manufacture power-efficient and low-priced solar panels to meet the budding green energy market of Bangladesh and more particularly to meet the clean energy requirement of its rural segment.

The partnership will start manufacturing solar panels from an existing factory located in Gazipur. Initially the factory will manufacture solar panels from 50 W to 1500 W power capability to meet the high as well as low power segments. The machinery required for the plant is arranged by the Chinese partner and the installation is expected to be completed in three months time.

The small sized solar panels with a power producing capability of 50 W will cost around 15,000 Taka while the higher end solar panel with 1500 W will cost around 400,000 Taka. According to the information provided by the company a 300 W panel costing 30,000 Taka will provide enough electricity to run two ceiling fans and four numbers of energy saving lights. The powerful 1500 W panel can provide enough power for the functioning of four ceiling fans and 20 numbers of energy saving bulbs.