Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
China to fund 450 MW of solar capacity in Bangladesh
The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.
Metito wins 45-55 MW Bangladesh project with $0.07/kWh bid
A consortium led by Metito Utilities, JinkoPower and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.
Germany provides low cost loan to Bangladesh for renewables
The cash injection will itself help provide affordable financing for solar and other renewables projects in the power hungry south Asian nation. The national railways operator is doing its bit for solar too.
Electricity demand drives Bangladesh
The second part of our hidden champions series head to Bangladesh, where rapid industrialization is driving increased electricity demand. Already a major off grid market, Bangladesh is seeing increasing interest from international investors and is taking the first steps toward realizing its formidable potential for large scale solar installations.
Rooftops of all Bangladeshi schools to generate solar power
Minister unveils plan to install small-scale systems on all educational buildings as part of aim to generate 10% of power from renewables by next year. The program will be privately funded, according to industry insiders.
Overseas developers rallying to invest in Bangladeshi solar
Big names in the running for 45-55 MW project in Chittagong as developers scramble to take advantage of an income tax exemption for clean energy investment that is due to expire this year.
Bangladesh considers funding for solar home system expansion
The body responsible for the installation of more than 4 million residential PV installations has asked its government masters to provide interest-free financing for its program and Dhaka is considering the proposal.
Dhaka water authority re-tenders plans for 12 MW solar plant
Plans are back on track for what the authority intends to be the first of many solar installations, after potential bidders complained in January that the proposed contract was not viable.
PV waste a rising challenge for Bangladesh
With concerns over the mountains of PV system waste that will one day pile up around the world, Bangladesh is no exception – the nation currently has no solar panel recycling policy.
