Picture: Bangladesh Energy Growth Board
Saudi Arabian power big ACWA Energy has signed an settlement with the Bangladesh Energy Growth Board (BPDB) to construct 1 GW of photo voltaic vegetation in several elements of Bangladesh.
Beneath the phrases of the deal, ACWA Energy will present technological and monetary help for the tasks, whereas BPDB will provide administrative help. ACWA Energy will develop the amenities as impartial energy producer (IPP) tasks.
“Because the settlement is signed, ACWA will now purchase the required land and negotiate electrical energy charges with BPDB,” a BPDB official mentioned. pv journal.
The Bangladeshi authorities launched talks with ACWA Energy final yr, when a delegation visited the corporate the nation of South Asia to debate main photo voltaic tasks.
Bangladesh at present has 949 MW of put in renewable power capability. About 715 MW of the overall comes from photo voltaic. The federal government plans to generate 40% of the nation’s electrical energy from renewables by 2041.
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