Bangladesh’s IDCOL secures €80 million from Germany’s KfW to deploy renewables
Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has secured €80 million ($81.4 million) of loans from Germany’s KfW Development Bank to help companies to install solar plants and solar irrigation pumps.
Agrivoltaics for rice growth
Scientists in Bangladesh have investigated the potential of agrivoltaics in rice fields. They analyzed the economic viability of bifacial agrivoltaic projects in Vietnam, Bangladesh, China, Egypt, Brazil, and India.
Developer plans 20 MW solar aquaculture site in Bangladesh
Joules Power has said the $22 million PV project will be built on land which is submerged for most of the year and will breed fishes. The project is set to be completed in December 2023.
Summit Power seeking approval for 50 MW of floating solar in Bangladesh
Summit Power said it aims to set up a 50 MW floating solar plant on a body of water at the Barapukuria coal power plant in northwestern Bangladesh.
Longi signs 1 GW of orders in Bangladesh
Longi Solar has secured about 1 GW of new PV module supply orders in Bangladesh.
India’s Exim Bank seeking EPC contractor for 100 MW of solar in Bangladesh
The Exim Bank of India has invited engineering, procurement and construction contractors to participate in pre-qualification checks in relation to the planned construction of a 100 MW solar plant in Bangladesh.
Plans for 200 MW of solar in Bangladesh
An initial 30 MW slice of generation capacity, to include agrivoltaics and aquavoltaics, is set to be generating by 2024 according to the Hong Kong-Bangladeshi JV which plans to develop the site.
Solar developers buying up land in Bangladesh
A shortage of suitable sites is prompting companies to buy up land before deciding on the specifics of project construction, as a junior minister stated more solar is likely to be waved through by 2025.
Rising costs weigh on solar deployment in Bangladesh
Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.
Bangladesh secures $200m from Asian Infrastructure Investment Bank to support renewables
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
