Bangladesh’s progress in adopting renewable technologies, particularly solar and wind, remains dismally low, it says In a striking contrast to global trends, Bangladesh finds itself lagging in the renewable energy sector, as outlined in the latest International Energy Agency (IEA) report on Wednesday. Report UNB The report indicates that the world is on course to add over 5,500 gigawatts (GW) of renewable energy capacity between 2024 and 2030, bringing global... »
Speakers at a webinar today (14 March 2024) echoed the ever-increasing importance of rooftop solar expansion in Bangladesh. The webinar titled Scaling up rooftop solar deployment in Bangladesh was jointly organized by the Energy & Power magazine and the global think tank Institute for Energy Economics and Financial Analysis (IEEFA). Editor of the energy & power magazine, Mollah Amzad Hossain moderated the webinar. In the keynote presentation, IEEFAs Lead Energy... »
Indonesia’s state-owned oil and gas company PT Pertamina Power has stepped forward to construct a 500 MW solar power project on the remaining land of Maheshkhali’s Matarbari 1200 MW coal-fired power plant. A memorandum of understanding, or MoU, was signed between Bangladesh Coal Power Generation Company Limited and PT Pertamina Power at the InterContinental, Dhaka hotel, on Monday. Abul Kalam Azad, managing director of Coal Power Generation Company, and Fadli... »
Finance Minister Abul Hassan Mahmood Ali has proposed a special allocation of Tk 1 billion to encourage the development and use of renewable energy. The finance minister presented the budget for the 2024-25 fiscal year in parliament on Thursday. “Considering the importance of renewable energy in building a developed, prosperous, smart and sustainable Bangladesh by 2041, I am proposing a special allocation of Tk 100 crore to encourage its development... »
A new bladeless wind energy unit, patented by Aeromine Technologies, has secured $9 million in Series A funding to accelerate the roll-out of its innovative technology. The scalable, “motionless” wind energy unit can produce 50% more energy than rooftop solar at the same cost, said the company. Aeromine’s technology is primarily designed for installation on the edge of a large rooftop like an apartment building, a big box store, a... »
Solar Net Metering System has been set up in 55 per cent of commercial buildings, 28 per cent of residential structures, and 16 per cent of industrial facilities, according to a recent study. In the last seven years, only 110 MW of solar power has been added to the net metering system, it stated. The study revealed a 55.6 per cent reduction in carbon dioxide emissions from industrial production through... »
Commissioning of 60-MW wind power plant, the government has advanced the clean energy ratio in country’s total electricity generation, as it started commercial operation from March 8, official sources said. “Today we are supplying 18MW electricity. It depends on the wind speed. We can supply more if breeze is enough. We have already supplied 60MW power to the national grid,” Manager (Project and Planning) US-DK Green Energy Limited Eng Mukit... »
DHAKA, March 11, 2024 (BSS) – Prime Minister’s Power, Energy and Mineral Resources Affairs Adviser Dr Tawfiq-e-Elahi Chowdhury today underscored the need for increasing the use of solar irrigation pump as per specific plan. He said this while addressing as the chief guest a discussion arranged by Sustainable and Renewable Energy Development Authority’ (SREDA) in the capital. Dr. Tawfiq-e-Elahi stressed on taking up initiative for implementation of the pledged financing... »
Highlighting Danish knowledge and expertise, Foreign Minister Dr Hasan Mahmud on Monday sought Danish investments in renewable energy, particularly offshore wind and solar energy as well as in the ICT sector. The Foreign Minister expressed optimism to further strengthen our bilateral ties and widen business baskets further. The issues were discussed when Ambassador of Denmark to Bangladesh Christian Brix Moller met the Foreign Minister at his office at the Ministry... »