‘Bangladeshi energy masterplan should focus on renewables’
With the finances of national utility the Bangladesh Power Development Board in disarray thanks to rising capacity payments for often-inactive conventional power plants, renewables offer the hope of fiscal sustainability, according to the Institute for Energy Economics and Financial Analysis.
France provides €50m for green SME investment in Bangladesh
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.
German company scores $9m solar pump order in Bangladesh
Raach Solar and its Power Utility Bangladesh Ltd local partner have landed two contracts to supply more than 700 pumps in the north-western Bogra district, with the Asian Development Bank footing the bill.
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.
