Energy Bangla

IFC, a member of the World Bank Group, has signed an agreement with the Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh to support a solar power plant of 35-50 megawatt capacity in Kushtia district. The pilot project, which will be developed through competitive bidding under a public-private partnership model, is aimed at demonstrating a viable model for a solar power plant in Bangladesh, drawing in the private sector.... »

Prime Minister Sheikh Hasina yesterday opened four newly-completed development projects, including the installation of solar panels in CHT’s remote areas and national data centre in Kaliakair and commissioning of five ships and one survey vessel for the Kaptai Lake. She launched the development projects through videoconferencing from her official residence Ganobhaban. Opening the development schemes, the Prime Minister said the development journey of Bangladesh will continue. “Our progress will continue.”... »

Bangladesh is improving its power sector and embarking on a multitude of initiatives incentivized by growing urbanization. Urban areas accommodate about 55% of the world’s population and if the current projections are to be taken into consideration, the percentage may increase to 70% by the year 2050. As per those projections, Asia and Africa are experiencing the fastest growing urban agglomerations, as majority of the population in these continents is... »

The government is gradually stepping up its efforts to increase power generation from renewable energy sources which so far have a minimal contribution to the national grid. ‘We are hopeful about meeting 10 per cent of our national power demand from renewable energy sources by 2021,’ said power, energy and mineral resources state minister Nasrul Hamid. Recently, a consortium of foreign companies bid for the MW grid-tied PV array project... »

The government is expecting to receive in October next the report of a feasibility study on the proposed 50MW Floating Solar Power Plant Project in the Kaptai Lake. Sustainable and Renewable Energy Development Authority (Sreda) appointed a consultant a few months ago to conduct the feasibility study on implementation of the project with the financial support from the Asia Development Bank (ADB). According to official sources, the consulting firm is... »

The dominant greenhouse gases released into the Earth’s atmosphere reached record levels in 2018, and their global warming power is now 43% stronger than in 1990, according to a new report by the American Meteorological Society released Monday. The State of the Climate in 2018 study also reported other key findings: 2018 was the fourth-warmest year on record. The three other warmest years were 2015, 2016 and 2017, with 2016... »

India is now the lowest-cost producer of solar power globally, according to a report by the International Renewable Energy Agency (IRENA). The IRENA report titled ‘Renewable Power Generation Costs in 2018’, revealed that the total installed costs of utility-scale solar PV in India is as low as $793 per kilowatt (kW) in 2018 which is 27 per cent lower than for projects commissioned in 2017. Canada has the highest cost... »

The government has initiated a process to terminate a contract with Beximco Group for its failure to implement a solar power project. Power Division sources said the Power Development Board (PDB) issued an ‘event of default notice’ to Beximco-TBEA Xinjiang SunOasis Co Ltd on May 5 for failing to implement 200MW Gaibandha grid-tied power project as per schedule. A Power Division document shows that the Cabinet Committee on Public Purchase... »

A report was presented regarding this in a recent meeting of the Parliamentary Standing Committee on Ministry of Power, Energy and Mineral Resource. The report says that in Bangladesh electricity demand goes at its peak for two times a day- one at daytime and another at evening. The peak demand is mostly met by fuel oil-fired power plants. We’ve got a scarcity of barren lands to install solar power plants... »

Speaking as the chief guest at a seminar organized by the Bangladesh Solar and Renewable Energy Association (BSREA), Salman F Rahman, the private sector industry and investment advisor to PM, said that the country is consistently improving its stance with respect to solar energy with collective efforts. “It’s time to think about ‘my village, my city’. This is our Prime Minister’s mission and vision. And such arrangements for working in... »