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.
Bangladesh to complete 7.4 MW of solar capacity in April
A 7.4 MW solar plant will start generating electricity next month in Rangamati, in Bangladesh’s Chittagong Division.
Saudi’s Alfanar to fund 100 MW solar project in Bangladesh
The infrastructure company will provide $100 million to develop the plant in the country’s Feni district, which is a draw for solar developers because of designated economic zones being planned there.
World Bank provides $185m for 310 MW of renewable capacity in Bangladesh
Multilateral lender hopes to leverage $212 million more from the private sector as falling solar development costs make renewables more attractive. A solar plant with a 50 MW capacity in Feni will be one of the first to benefit from the new funds.
UAE to invest in 100 MW Bangladesh solar plant
Details are few at this stage, with a site for the big project still to be selected, although the Bangladeshi government has confirmed the tariff for electricity produced by the plant will be $0.095/kWh.
