Bangladesh needs up to $1.71 billion annually till 2041 for 40% renewable energy capacity
A new report says the time is ripe for Bangladesh to increase renewable energy-based generation capacity to reduce costly fossil-fuel imports and drive down subsidy burdens on the power sector. It finds the nation would need to consistently invest $1.53 billion to $1.71 billion annually until 2041 to build a 40% renewable energy capacity of the electricity demand of 61,866 MW in 2041.
Bangladesh seeking partners to build solar power plants
The Bangladesh Power Development Board (BPDB) is seeking international partners to build three PV plants, with 77.6 MW of capacity in total, in different parts of the country.
Rays Power Infra switches on 275 MW DC solar plant in Bangladesh
Rajasthan-based Rays Power Infra has switched on Bangladesh’s largest solar power plant of 275 MW DC. It completed the project within the scheduled timeline of 14 months.
Bangladesh offers PPA for 68 MW of solar at $0.102/kWh
The Bangladesh Power Development Board (BPDB) has agreed to buy solar electricity from a 68 MW facility that is now under construction in the country’s Sirajganj district, as part of a new state plan to buy cheap power.
Sembcorp to deploy more than 400 MW of PV at coal facility in Bangladesh
Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.
Fourth Partner Energy to develop rooftop solar projects for Decathlon suppliers in Bangladesh
India’s Fourth Partner Energy will execute rooftop solar projects at the sites of Decathlon’s suppliers in Bangladesh. It targets 15 MW across 12-15 facilities by December 2023 in Phase 1.
Bangladesh secures $200m from Asian Infrastructure Investment Bank to support renewables
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
AC Energy to invest in PV in Bangladesh
AC Energy has revealed plans to invest in solar projects throughout Asia, including Bangladesh, by forming a joint venture with Germany’s ib vogt GmbH.
Roadmap for solar module recycling in Bangladesh
Bangladesh currently does not have a recycling center for PV module recycling. But according to a group of local scientists, the country could evolve into a regional hub for PV waste recycling if proper guidelines are implemented.
Bangladesh Army signs 1GW solar deal for training base
American power company Eleris Energy has agreed to construct five 200MW solar plants on the Swarna Dweep island administered by the army and used for training exercises, with the capacity due online within five years.
