Bangladesh

Bangladesh sets new power tariffs for slow solar developers

Government of Bangladesh is dissatisfied by slow development of a number of photovoltaic projects and is establishing new power tariffs associated with solar production cost reduction.

Nov 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Tariffs, Bangladesh, Asia, tariffs

Bangladesh extends incentive scheme for domestic solar industry

PV manufacturers receive 10% of the value of their exported products as an incentive and the nation’s central bank has extended the program to cover this financial year. Bangladesh’s solar manufacturers have called for more, however, and point to more generous schemes to the west.

Oct 29, 2019 // Manufacturing News, Markets & Finance News, Bangladesh, Asia, solar modules, Munawar Misbah Moin, Golam Baki Masud

Bangladeshi solar mini grids threatened by fossil fuel commitments

In racing to provide access to electricity to all its citizens, the government has commissioned extensive coal, gas and nuclear generation capacity and the solar sector fears an ever-expanding national grid will kill the business case for solar in previously off-grid areas.

Oct 25, 2019 // Markets & Finance News, Grids, Policy, Bangladesh, Asia, ACWA Power, Siddique Zobair

ACWA Power plans 3.6 GW of new fossil fuel capacity in Bangladesh

Renewables may be making encouraging advances in the south Asian nation but the natural gas infrastructure deal announced today by the Saudi power company at a stroke eclipses the 375 MW of solar capacity in Bangladesh and its 609 MW development pipeline.

Oct 22, 2019 // Markets & Finance News, Policy, Saudi Arabia, Bangladesh, Asia, ACWA Power, Paddy Padmanathan, Rajit Nanda

Bangladeshi industrial sector embraces leasing model for solar rooftops

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.

Oct 21, 2019 // Plants, Large-Scale, Commercial, Residential, Rooftop PV, Bangladesh, Asia, SREDA, Siddique Zobair, Nahid Hasan, Infrastructure Development Company Ltd, Ahmed Imtiaz, Sharp Solar Solution Asia Ltd, Exelon Bangladesh Ltd

Sub-standard PV equipment worries Bangladeshi solar developers

Visitors to this year’s Solar Bangladesh Expo have called for the implementation of quality standards on solar imports – action which the government is currently pursuing – with one industry insider rubbishing Indian-made products.

Oct 20, 2019 // Solar, India, Bangladesh, Asia, Shamim Ahsan, Nuher L Khan, Joules Power Ltd, Debdeep Majumdar

Ib vogt partnership wins bid for 50 MW solar plant in Bangladesh

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.

Oct 3, 2019 // Plants, Large-Scale, Commercial, Rooftop PV, Scatec Solar, Bangladesh, Asia, rooftop PV, Mohammad Shafiul Alam

Bangladesh government pledges rooftop PV on all its buildings

The authorities expect to add 300 MW of rooftop solar in the next four years thanks to net metering regulations and hope the nation’s extensive clothing and textile industry will be encouraged to adopt PV.

Sep 27, 2019 // Rooftop PV, Bangladesh, Asia, Siddique Zobair, Infrastructure Development Company Limited

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.

Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, China, Bangladesh, Asia, rooftop solar, Asian Development Bank, ZTE Corp, Floating solar

China to fund 450 MW of solar capacity in Bangladesh

The two nations are due to sign an MoU today to set up the capacity in the north of Bangladesh along with 50 MW of wind power facilities in the south, near the port of Payra. China will supply an estimated $500m with the host nation freeing up land for the projects.

Aug 27, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, China, Bangladesh, Asia, North-West Power, AM Khurshedul Alam, National Machinery Import and Export Corporation

Metito wins 45-55 MW Bangladesh project with $0.07/kWh bid

A consortium led by Metito Utilities, JinkoSolar and Al Jomaih Energy and Water has won a tender to build a 45-55 MW grid-tied solar plant with a bid of $0.0749/kWh — the lowest ever seen in Bangladesh.

Aug 6, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Canadian Solar, tender, JinkoSolar, Metito Utilities, Al Jomaih Energy and Water, Bangladesh, grid-tied PV, Asia, BPDB, WAC Logistics and Jiangsu Zhongtian Technology, SREDA

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