Sungrow to build Bangladesh-based 35MW solar project
- Sungrow’s EPC branch has signed a contract for construction of Manikganj-based photovoltaic project.
Spectra Solar Park is developing the 35-megawatt Manikganj PV project, the construction work for which will be performed by Sungrow. The latter was competing in the tender with such EPC contractors as Mahindra Susten, ERS, Energy China and Power Construction Corporation of China.
The venture is backed by KfW Development Bank and ADB. This will be the first Bangladeshi solar facility equipped with central inverters.
Construction is scheduled to begin in three weeks from now and to finish in August of 2020. The authorities of Bangladesh approved the project two and a half years ago. The country has set the target of 10-percent green power for the year to come. Under the 20-year PPA, the power generated will be sold at 0.13 USD per kilowatt hour.
Apart from the above project, the China’s company is also planning Bangladesh-located floating photovoltaic installations for development. They find this opportunity to enter the market very exciting and are inclined to develop solar projects and produce green power in the country, starting from 2020.