Pacific Jeans Group has started generating solar power at one of its factories, in line with its plans to generate 33 MWh solar power per day on the rooftops of 10 plants by 2025.
Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has secured €80 million ($81.4 million) of loans from Germany’s KfW Development Bank to help companies to install solar plants and solar irrigation pumps.
Joules Power has said the $22 million PV project will be built on land which is submerged for most of the year and will breed fishes. The project is set to be completed in December 2023.
Summit Power said it aims to set up a 50 MW floating solar plant on a body of water at the Barapukuria coal power plant in northwestern Bangladesh.
The Exim Bank of India has invited engineering, procurement and construction contractors to participate in pre-qualification checks in relation to the planned construction of a 100 MW solar plant in Bangladesh.
Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.
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