Energy Bangla

The government is going to revise the Renewable Energy Policy. Giving lifetime waiver of income taxes to foreign companies investing in renewable energy sector to entertain foreign investment in the sector. If the policy is revised, foreign investors will get more benefit compare to local investors in the country’s renewable energy businesses as the locals will get the tax waiver for 15 years. The draft revised policy also suggested the... »

Frankfurt / New York, 7 April 2014 – Renewable energy’s share of world electricity generation continued its steady climb last year despite a 14 per cent drop in investments to US$214.4 billion, according to a new report released today. According to Global Trends in Renewable Energy Investment 2014 – produced by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance, the United Nations Environment Programme (UNEP) and Bloomberg... »

The Asian Development Bank (ADB) has signed a $350 million financing package supporting the construction of the 320 megawatt Sarulla Geothermal Power Development Project in North Sumatra, Indonesia, an investment expected to unlock clean energy investments across the country, which holds 40% of the world’s geothermal resources. The renewable energy project will provide clean, baseload power to an Indonesian grid currently dominated by aging coal and oil-fired power plants. It... »

The state minister for power, energy and mineral resources Nasrul Hamid said, the government was considering to allocate subsidy for entrepreneurs and users of the renewable energy. He, however, said that the mode of subsidy for the rural users and urban users would be different. On 13th april, the state minister was addressing a roundtable on Revised Renewable Energy Policy as chief guest. The roundtable chaired by Tapos kumar roy,... »

The Asian Development Bank’s (ADB) headquarters in Manila is now meeting all of its energy needs from renewable sources, following a geothermal power supply agreement with AdventEnergy Inc., a licensed retail electricity supplier of Aboitiz Power. The headquarters is now powered by 100% renewable energy generated by geothermal plants in Tiwi in Albay province and Makiling-Banahaw in Laguna province, both of which are on the main Philippine island of Luzon,... »

The Asian Development Bank’s (ADB) headquarters in Manila is now meeting all of its energy needs from renewable sources, following a geothermal power supply agreement with AdventEnergy Inc., a licensed retail electricity supplier of Aboitiz Power. The headquarters is now powered by 100% renewable energy generated by geothermal plants in Tiwi in Albay province and Makiling-Banahaw in Laguna province, both of which are on the main Philippine island of Luzon,... »

A German company has been selected as right bidder to install the country’s first commercial solar grid power plant at Sarishabari under Jamalpur District, a power cell official said. The Bangladesh Power Development Board (BPDB) will develop a 30MW solar park on the bank of the river Dhorola in Kurigram and a 60 MW similar park at Rangunia, according to the Power Division. All these have been planned for supporting... »

China will provide loan of $6.5 billion for nuclear power plants KANUPP-2 and KANUPP-3 on soft terms, which will help Pakistan to make a substantial improvement in its dire electrical power shortage problem. Earlier, china has also provided similar loan terms for the Chashma nuclear power plants C-3 and C-4.. Chinese companies have also entered into a joint international venture to set up nuclear power plants in the United Kingdom.... »

Rahimafrooz Renewable Energy will produce solar electricity for Dhaka Power Distribution Company after installing a 50kw panel on the rooftop of Bangladesh secretariat. Sanjit Kumar Ghose, superintendent engineer of DPDC, and Munawar Misbah Moin, managing director of Rahimafrooz Renewable Energy, signed a deal on power purchase in Dhaka on 4th February. Rahimafrooz will design, install, operate and maintain the project for 20 years with photovoltaic materials and technology. The panel... »

Amid a growing energy crisis, Pakistan is installing a 1.8 megawatt solar power plant at the Parliament House building in the capital city Islamabad.Chinese-funded these solar panels will save $1m in annual energy bills. Work on the project began in the first week of January. The initial cost – which is being funded by the Chinese government as a friendship gesture – is estimated at $60m (£36.5). The solar plant... »