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.

New research shows that floating PV plants may have superior generating capabilities compared with ground-mounted PV plants in several areas of Bangladesh. Furthermore, the study indicates that floating arrays in the country may reach a levelized cost of energy ranging from $0.0341/kWh to $0.0486/kWh depending on the location.

Bangladesh has introduced tax exemptions to reduce water production costs and promote the use of solar power in 19 coastal districts. This initiative comes in response to grid electricity shortages caused by a decline in coal and fuel imports. The goal is to enhance reliance on solar-powered water desalination in these areas.

Joules Power has switched on Bangladesh’s largest floating PV plant, with an installed capacity of 3.2 MW. The facility, which is situated on a fish pond, will supply electricity to a nearby rice mill.

The Bangladesh Power Development Board (BPDB) has agreed to buy power under a 20-year power purchase agreement (PPA) from two solar plants with capacities of 20 MW and 44 MW.

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.

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.

The Bangladesh Power Development Board (BPDB) has announced the construction of a second solar plant at the Karnafuli Hydropower Station, backed by financing from the Asian Development Bank.

Singapore’s Sembcorp plans to install several solar plants near 1.4 GW of coal power capacity that developers are now building in Bangladesh.