Bangladesh has unveiled a 10-year tax exemption package for renewable energy projects. The new tax breaks will apply to power plants that begin commercial operation between July 1, 2025, and June 30, 2030.
The Bangladesh Power Development Board (BPDB) has agreed to buy electricity from the power plant at a price of $0.1094/kWh for a 20-year period.
Indonesia’s Pertamina Power has revealed plans to build a 500 MW solar project in Bangladesh.
Bangladesh-China Renewable Energy Company (BCRECL) has commissioned a 68 MW solar plant in Bangladesh. The Bangladesh Power Development Board (BPDB) has agreed to buy electricity from the facility at $0.102/kWh.
A Bangladeshi-Chinese joint venture plans to build a 100 MW “semi-agrivoltaic” project in Madarganj, Bangladesh. The facility will produce green chilies, turmeric, and ginger.
Bangladesh’s state-owned Infrastructure Development Co. Ltd. (IDCOL) is providing loans to several jute producers and textile makers to deploy 40 MW of rooftop PV systems.
Analysts at a recent event in Dhaka called for the removal of high import duties on solar products in Bangladesh, as it could reduce PV system prices by up to 11%.
The Bangladesh Power Development Board (BPDB) and China Huadian Corp. have agreed to install 160 MW of PV in Bangladesh. The solar facility will be deployed in an area that was originally designated to host a coal power plant.
The Asian Development Bank (ADB) says a new 100 MW solar project in Bangladesh will be the country’s first private sector utility-scale PV facility to secure ADB support.
The Bangladeshi authorities have approved three 100 MW solar projects, with tariff rates of around $0.10/kWh.
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