In December alone, the Bangladeshi authorities approved 630 MW of PV projects.
Bangladesh has implemented a new rule stating that new buildings with rooftop spaces exceeding 92.2 square meters must install net-metered solar power systems as a prerequisite for grid connection.
Bangladesh has approved tariffs of $0.10/kWh for 370 MW of solar at three sites, ranging in size from 70 MW to 200 MW, as the government seeks to expand its generating capacity. The country also has a 1.2 GW pipeline of solar projects under construction.
Bangladesh Jute Mills Corp. (BJMC), which manages all government-owned jute factories and industries in the South Asian country, has agreed to buy power from six different project developers under a 20-year power purchase agreement (PPA).
ACWA Power says it will build a 300 MW solar plant in Bangladesh to supply power to the Bangladesh Power Development Board (BPDB) at a rate of $0.1020/kWh.
Chint has obtained approval to build a 100 MW solar project in Bangladesh, in order to supply electricity to Bangladesh Power Development Board (BPDB) under a 20-year power purchase agreement (PPA) at a fixed tariff of $0.0998/kWh.
The Bangladesh Power Development Board (BPDB) has approved plans to build a 50 MW solar project in northwestern Bangladesh. The installation will sell power to the BPDB under a 20-year power purchase agreement (PPA) at a rate of $0.098/kWh.
The government of Bangladesh has taken steps to improve conditions for independent power producers (IPPs) that develop utility-scale projects, in order to attract more domestic investments in solar and renewables.
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