American power company Eleris Energy has agreed to construct five 200MW solar plants on the Swarna Dweep island administered by the army and used for training exercises, with the capacity due online within five years.
The power development authority has signed 20-year electricity purchase deals relating to four solar projects and has awarded the highest price paid in the country to date for ‘clean’ energy, for an island-based system which includes battery storage and diesel generation.
The nation announced a more ambitious climate change and renewables target at COP26 in Glasgow, and will be boosted by a $160 million funding pledge from the summit host nation.
A government spending committee has approved the deployment of 80,000 home solar panels in the mountainous districts of Chittagong.
A government minister attending the switching-on ceremony appeared to announce a new renewable energy ambition for the South Asian nation.
The proposal includes 1 GW of solar farms on an army training base island in the estuary of the Meghna river.
The government has drafted an industrial policy to try and attract electric vehicle production lines, and even solar-powered car producers, to the country.
The German project developer beat rival Scatec Solar to land the contract for a facility which will sell solar electricity to the Bangladeshi government for $0.1094/kWh for 20 years.
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