$1b per year can be saved by prioritising solar power: Study
The present energy crisis is an opportunity for Bangladesh to build increasingly competitive renewable energy capacity, the National Bureau of Asian Research study suggests. A rapid scale-up of 2,000MW solar power capacity and replacement of all diesel-run irrigation systems by solar power could save over $1 billion per year for Bangladesh, which currently goes to […]
Bangladesh could secure $38.44b funding for renewable energy: Report
Bangladesh has a potential to secure around $38.44 billion funding from different international financiers against a requirement of $26.5 billion to reach the 40% renewable energy goal by 2041, found a report by Change Initiative, a renewable energy research organisation. The country, however, received $6.71 billion in the renewable energy sector from national and international sources between 2016 and 2022, stated the report.