A Bangladeshi-Chinese joint venture plans to build a 100 MW “semi-agrivoltaic” project in Madarganj, Bangladesh. The facility will produce green chilies, turmeric, and ginger.
Bangladesh’s state-owned Infrastructure Development Co. Ltd. (IDCOL) is providing loans to several jute producers and textile makers to deploy 40 MW of rooftop PV systems.
Analysts at a recent event in Dhaka called for the removal of high import duties on solar products in Bangladesh, as it could reduce PV system prices by up to 11%.
The Bangladesh Power Development Board (BPDB) and China Huadian Corp. have agreed to install 160 MW of PV in Bangladesh. The solar facility will be deployed in an area that was originally designated to host a coal power plant.
The Asian Development Bank (ADB) says a new 100 MW solar project in Bangladesh will be the country’s first private sector utility-scale PV facility to secure ADB support.
The Bangladeshi authorities have approved three 100 MW solar projects, with tariff rates of around $0.10/kWh.
The Electricity Generation Company of Bangladesh (EGCB), backed by the World Bank and the Bangladeshi government, has finished building a 75 MW solar project in southeastern Bangladesh.
In December alone, the Bangladeshi authorities approved 630 MW of PV projects.
Bangladesh has approved more than 1.5 GW of solar projects over the past seven months, with recent developments including tariffs for 200 MW in November and 310 MW in October.
Bangladesh has implemented a new rule stating that new buildings with rooftop spaces exceeding 92.2 square meters must install net-metered solar power systems as a prerequisite for grid connection.
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