Bangladesh mills feed fast fashion but go slow on green energy

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Rising energy prices are piling pressure on Bangladesh’s textile sector, pushing dozens of factories to close and forcing a big rethink on how best to power the nation’s No. 1 industry in terms of export and jobs.

Be it solar roof panels up top or green boilers on the factory floor, the textile sector is looking at new ways to deliver cloth more cheaply and with stronger green credentials.

Otherwise they risk going bust.

“While the crisis may be temporary, it shows that we need to address some core, underlying problems,” Amirul Amin, president of…



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Bangladesh mills feed fast fashion but go slow on green energy



Rising energy prices are piling pressure on Bangladesh’s textile sector, pushing dozens of factories to close and forcing a big rethink on how best to power the nation’s No. 1 industry in terms of export and jobs.

Be it solar roof panels up top or green boilers on the factory floor, the textile sector is looking at new ways to deliver cloth more cheaply and with stronger green credentials.

Otherwise they risk going bust.

“While the crisis may be temporary, it shows that we need to address some core, underlying problems,” Amirul Amin, president of…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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