The nation’s central bank this week said the special funds built up by domestic lenders to maintain stock market liquidity could be used to purchase sharia-compliant ‘sukuk’ green bonds which made their debut last month.

Singapore’s Cyclect Energy Pte Ltd is on track to receive approval for the installation of a 50 MW solar PV power plant in Bangladesh’s Chuadanga district in the western part of the country.

The Haryana-based renewables company, which is part of a bike and motorbike manufacturing conglomerate, will be paid $0.1025/kWh by the Bangladeshi government for the electricity that will be generated by a 50 MW plant in Khulna district, with the power purchase deal running for 20 years.

The tax and duty rate levied on imported inverters leapt 26% in July after the authorities in Dhaka removed a dispensation from full rates that had been applied to the products.

A government spending committee has approved the deployment of 80,000 home solar panels in the mountainous districts of Chittagong.

Countryside SMEs, and particularly women entrepreneurs, will be among the first in line to receive loans to finance up to 70% of their clean energy investments.

An international tender has been floated for the Engineering Procurement and Construction (EPC) of a 68 MW solar PV park in Bangladesh’s Sirajganj district.

Responding to a petition seeking an order to protect vulnerable wildlife habitats, the High Court of Bangladesh has told policymakers in Dhaka to draw up a plan for 100% clean energy.

The cheap loan package agreed at the weekend is part of a wider €340 million development deal and extends Germany’s record of promoting the energy transition of the South Asian nation.

A government minister attending the switching-on ceremony appeared to announce a new renewable energy ambition for the South Asian nation.