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.
Having fallen far short of its ambition to generate 10% of its power from renewables by last year, Dhaka is preparing to reformulate its national clean power target.
Installers which took advantage of cheaply-priced government finance say customers affected by the Covid-19 crisis cannot afford to pay for the solar home systems they have rolled out while expanding renewables programs.
Renewables authority official tells pv magazine the nation’s irrigation canals could host almost 1 GW of solar generation capacity.
The affordable public financing packages on offer for solar rooftops are attracting developers who have clients happy to lease out roofspace without any capital outlay in order to secure cheaper power.
This website uses cookies to anonymously count visitor numbers. View our privacy policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.