Overseas developers rallying to invest in Bangladeshi solar
Big names in the running for 45-55 MW project in Chittagong as developers scramble to take advantage of an income tax exemption for clean energy investment that is due to expire this year.
Bangladesh considers funding for solar home system expansion
The body responsible for the installation of more than 4 million residential PV installations has asked its government masters to provide interest-free financing for its program and Dhaka is considering the proposal.
Dhaka water authority re-tenders plans for 12 MW solar plant
Plans are back on track for what the authority intends to be the first of many solar installations, after potential bidders complained in January that the proposed contract was not viable.
PV waste a rising challenge for Bangladesh
With concerns over the mountains of PV system waste that will one day pile up around the world, Bangladesh is no exception – the nation currently has no solar panel recycling policy.
Bangladesh to complete 7.4 MW of solar capacity in April
A 7.4 MW solar plant will start generating electricity next month in Rangamati, in Bangladesh’s Chittagong Division.
Saudi’s Alfanar to fund 100 MW solar project in Bangladesh
The infrastructure company will provide $100 million to develop the plant in the country’s Feni district, which is a draw for solar developers because of designated economic zones being planned there.
World Bank provides $185m for 310 MW of renewable capacity in Bangladesh
Multilateral lender hopes to leverage $212 million more from the private sector as falling solar development costs make renewables more attractive. A solar plant with a 50 MW capacity in Feni will be one of the first to benefit from the new funds.
UAE to invest in 100 MW Bangladesh solar plant
Details are few at this stage, with a site for the big project still to be selected, although the Bangladeshi government has confirmed the tariff for electricity produced by the plant will be $0.095/kWh.
Singapore fund and British developer eye stake in UK government’s south Asian renewables company
U.K. developer Lightsource BP – in which oil and gas giant BP has a significant minority stake – and its Singapore fund partner EverSource Capital are reportedly ready to take up all the $100 million slice of Ayana Renewable Power which is being put up for sale.
Bangladesh issues tender to develop up to 60 MW of solar
Through the procurement, the Bangladesh Power Development Board is seeking developers for the construction of grid-connected solar power plants on a build, own, operate basis.
