Sungrow secures construction contract for 35 MW plant in Bangladesh
The Chinese inverter maker’s EPC unit has tied up the deal to build the plant being developed by Spectra Solar Park in the Manikganj district.
ADB to provide $451 million to strengthen grid in southern India
The funds will be used to build an extra-high-voltage transmission link to transmit 9 GW of capacity, including 6 GW of renewables, to the Chennai–Kanyakumari Industrial Corridor by 2025.
Asian Development Bank hails Bangladesh’s floating PV potential
A delegation from the Asian Development Bank recently paid a visit to the South Asian country to assess the prospects of floating PV in a nation that suffers from a general lack of land upon which to develop new renewable energy projects.
Bangladesh to assess impact of integrating renewables into grid
The government has set a very low bar of achieving just 10% of its electricity supply from renewables as it tenders for consultants to advise it on how to incorporate intermittent generation into the national grid.
Tuvalu granted $6m for renewables ambition
The Asian Development Bank has signed off a grant for the South Pacific island nation to move on its plans to be 100% renewable by 2025.
Bangladesh nears net metering policy for solar irrigation pumps
Firming up the payment system for solar energy exported back into the grid from PV-powered pumps will offer owners a new revenue stream, eat into a $1 billion annual diesel fuel bill and reduce strain on the grid by up to 1.5 GW daily during the agricultural season.
Vietnamese hydropower company secures financing for 47 MW floating PV project
Da Mi has $37 million for a floating solar project it wants to build at its hydropower plant in Binh Thuan province. If built before 2022, the project will be entitled to a feed-in tariff of $0.0769/kWh – provided a draft FIT scheme being considered by the government is passed into law.
Solar-plus-storage to provide all the daytime electric needs of nation state
A 6 MW solar plant and 5 MW/2.5 MWh storage system are set to increase the share of renewable electricity on the Pacific island of Nauru from 3% to 47%. The $27 million project is being supported by the Asian Development Bank (ADB).
Bangladesh’s first state-owned solar plant comes online
The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.
Cambodia tender secures lowest solar power price in Southeast Asia
The Asian Development Bank-backed procurement round attracted 26 bidders for the 60 MW project, according to the development lender. The ADB says the low price secured will persuade neighboring governments to embrace auctions.
