This thesis aims to determine the accessible solar potential and estimation of PV installation in Bangladesh to increase solar power production concerning conventional power production in Bangladesh. The rise of renewable energy sources and especially solar energy may result in a significant contribution to the power generation system. To achieve its advantage, proper study and research are important to establish the tangible solar capacity from relevant parameters. Conventional power production depends on a variety of factors and needs to be replaced by renewable resources for the increasing demand. Solar energy is a free source of energy and Bangladesh receives a huge quantity of solar radiation due to its geographical location in the tropical zone. In this thesis, solar irradiation, PV output, and many other parameters are determined to discover the potential of solar power. After that, total land area, population, number of households from the home establishment, number of industries, untilled land area, and other related factors are thoroughly studied and calculated to establish accessible solar electricity. Economic and environmental impacts are the most important criteria of this renewable resource from the country's perspective. Cost and CO2 emission are discussed for conventional electricity production and compared to solar electricity production.