Energy Bangla

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... »

Infrastructure Development Company Limited (IDCOL), a Non-bank Financial Institution owned by the Government of Bangladesh, has declared dividends of Tk 70 Crore from the profit made in FY 2018. Out of that Tk 20 crore has been paid to the Government as cash dividend while Tk 50 crore would be used for increasing the company’s paid up capital to Tk 650 crore by issuance of bonus shares. Mr. Monowar Ahmed,... »

The World Bank (WB) has approved $185 million to add up to 310 Megawatt (MW) in renewable energy generation capacity in Bangladesh and mobilize private sector participation to meet the growing demand for electricity in the country. The support for the Scaling-up Renewable Energy Project will increase installed capacity of renewables through piloting and expanding investments in key market segments. It will build the first 50 MW phase of a... »

UNB: Having failed to get necessary cooperation from government departments in using the rooftops of their buildings, Dhaka Power Distribution Company Ltd (DPDC) is now moving to Dhaka University buildings to implement a solar power project on their rooftops. According to official sources, the Dhaka University authorities have agreed to provide the rooftops of its 72 structures, including different residential halls, administrative and academic buildings and housing complexes for the... »