Energy Bangla

Energy electricity and environment news portal

Dhaka Saturday,  Aug 18, 2018

Green Pages

The Asian Development Bank (ADB) is extending loans of up to $100 million to help India’s pioneering private sector solar power developer, the ACME group, finance badly needed new solar plants. “Solar and other renewable power sources are essential for India’s energy diversification and security, and for underpinning the country’s long term growth,” said Isabelle Chauche, Investment Specialist in ADB’s Private Sector Operations Department. “ADB’s support for ACME will help... »
The Government of Bangladesh has recognized or is recognizing that electricity access qualifies as a human right. For example, (1) the Government of Bangladesh has signed technical assistant grant agreements with Asian Development Bank to provide renewable energy in rural areas with no access to grid electricity, and (2) the ministry of power, energy and mineral resources has also been implemented energy policy 2008 to meet five percent of the... »
A new service set up by the Asian Development Bank (ADB) aims to match buyers and sellers of low-carbon technologies to speed technology transfer to developing Asia. “Asia is the tip of the spear as far as climate change impacts are concerned. We need to ensure a swifter flow of tested and up-and-coming low-carbon technologies to the region so that it can mitigate and adapt to the changing climate,” said... »
Infrastructure Development Company Limited (IDCOL) has recently signed an agreement with Lakdhanavi Bangla Power Ltd. (LBPL) to extend USD 15 million term loan to LBPL for setting up a 52.2 MW Dual Fuel Power Plant at Jangalia, Comilla. In addition to IDCOL, four other Sri Lankan lenders – National Development Bank PLC (NDB), Sampath Bank PLC (Sampath), Commercial Bank of Ceylon PLC (CBC), and Hatton National Bank PLC (HNB) will... »
A Financing Agreement was executed between Infrastructure Development Company Limited (IDCOL) and Solargao Ltd. whereupon the latter had undertaken to set up thirty four solar irrigation pumps, all in Badarganj upazila of Rangpur district. IDCOL will provide the necessary financing for the project in the form of grant and concessionary loan under IDCOL Renewable Energy Program. The beneficiaries under the said project would be 605 farmers who would be able... »
Prime Minister Sheikh Hasina today said her government has a plan to provide solar home system (SHS) to three million more rural families in next three years as part of the scheme to produce 24,000 MW electricity by 2021, with 10 percent from solar power. She said the government is engaged in intense discussion with the neighbouring countries to enhance regional and sub-regional cooperation in the power sector as no... »
Wind, solar and other renewable power capacity grew at its strongest ever pace last year and now produces 22% of the world’s electricity, the International Energy Agency said on Thursday in a new report. More than $250bn (£150bn) was invested in “green” generating systems in 2013, although the speed of growth is expected to slacken, partly because politicians are becoming nervous about the cost of subsidies. Maria van der Hoeven,... »
A solar cell that resembles a flower is offering a new take on green energy in Japan, where one scientist is searching for renewables that look good. In a country badly scarred by the tsunami-sparked nuclear disaster at Fukushima three years ago, the hydrangea-inspired solar offering is small beer alongside one of the world’s biggest offshore wind power farms now floating off the country’s east coast. But Hiroshi Segawa, a... »
The Power Ministry is likely to revise its rooftop solar power provision to ease the process for obtaining new power connections.The existing provision, introduced in 2010, makes it mandatory that if a residential consumer wants to have an electricity connection with more than 2 kilowatts of load, he must set up a rooftop solar panel covering at least 3 per cent of his total sanctioned load. For industrial and commercial... »
Infrastructure Development Company Limited (IDCOL) signed Financing Agreement with GRAM er Alo Limited (GEA) for setting up a 158.3 kW solar mini-grid Project at Narayanpur Union, Nageshwari, Kurigram. Under the Project, GEA will provide electricity to adjacent 609 households and 145 commercial entities. Total cost of the project is BDT 6.27 crore. IDCOL will provide 30% of the project cost as soft loan and 50% as grant under IDCOL’s Renewable... »