Beximco’s Teesta Solar powers up nat’l grid with 443.8 million units

Bangladesh’s largest solar power facility Teesta Solar Ltd has transmitted around 443.8 million units of electricity to the national grid in the past 15 months. Unlike conventional power plants that rely on gas, coal, or fossil fuels, the plant generates electricity without requiring fuel or incurring raw material costs — a capability it is expected to maintain until 2043.

Govt speeds up 12GW green power projects, some with storage

The Power Division is gearing up implementation of 125 green energy projects as it pursues a goal to meet 10% of the country’s power needs from renewables by 2025. The generation capacity of these projects will be 12,047 megawatts, more than the country’s present demand in winter and 70% of summer time consumption, according to Power Division officials.

Saudi Arabia’s $1.4bn financing to boost Bangladesh’s energy security

“Under this agreement, Bangladesh will get financing support from next July to June (2025),” Bangladesh Petroleum Corp. operations director, Kazi Muhammad Mozammel Huq, told Arab News. “We’ll mostly import crude oil with the financing of ITFC. In addition, a little portion of refined oil will be imported.”

Energy price hikes make clean energy compelling for Bangladesh

The Bangladesh government recently increased power tariffs for all consumer categories due to the upheavals caused by a significant gap between power generation costs and corresponding revenue. While inflationary pressures will likely remain high in the wake of electricity and gas price hikes, different energy consumers will now find clean energy investment more compelling.

High import duties stifle Bangladesh’s rooftop solar growth

Shafiqul Alam, Institute for Energy Economics and Financial Analysis’ Lead Analyst for Bangladesh, pointed out the the critical issue of information asymmetry within the sector, which leaves potential adopters—building owners and EPC (Engineering, Procurement, and Construction) companies—unaware of the full benefits and changing regulations related to rooftop solar energy.

We need smart policymaking, not smart blame games in the energy sector

Smart politicians often project an image of strength and competence. When something goes wrong, they blame either fate or external shocks, especially in the energy sector. The capacity to shift blame onto factors seemingly beyond their control is viewed by these politicians as a display of smartness. The government’s justification behind increasing electricity prices is an example of this “smart blaming.”

LNG power plant capacity charge to cripple economy

Bangladesh’s economic crisis is set to take on a new dimension this year with the country introducing its first-ever power plants that will exclusively operate on imported liquefied natural gas. In the past year, Bangladesh generated half of its electricity from gas supplied through the gridline, in which imported LNG was mixed with local gas, which accounted for three-fourths of the supplied gas.

Country’s first commercial wind power plant starts production

Bangladesh has achieved a new milestone in its renewable energy ambition, with the country’s first commercial wind power plant going into full production this month. The wind power plant in Cox’s Bazar, boasting a capacity of 60 megawatts, started full-scale operation on 8 March and has been running smoothly ever since, according to Nirod Chandra Mondal, joint secretary (renewable energy) at the Power Division.

Scaling up rooftop solar deployment in Bangladesh

Energy and Power magazine and Institute for Energy Economics and Financial Analysis (IEEFA) had jointly organised webinar titled “Scaling Up Rooftop Solar Deployment in Bangladesh”. In the webinar Institute for Energy Economics and Financial Analysis (IEEFA)’s Shafiqul Alam said, “Bangladesh currently has 166.28MW capacity under both net-metered and non-net-metered systems. With several rounds of power tariff adjustments in the last one and a half years, rooftop solar is more economically compelling now than ever.”