Many international locations world wide are going through the issue of producing electrical energy as a result of scarcity and excessive costs of gasoline and LNG, and are in search of different choices to unravel the scenario.
In Germany, the federal government has continued the operations of coal-fired energy vegetation, which ought to have been closed, as a result of the price of electrical energy from coal-fired vegetation is decrease than fossil fuel-fired vegetation.
Though the economic system of Bangladesh stays sturdy regardless of the fallout from Covid-19 and the disaster in Ukraine, the federal government has taken numerous measures as precautions to keep away from a worse scenario.
The federal government has adopted austerity measures relating to the import of fossil fuels and the acquisition of uncooked supplies for mega initiatives which aren’t prime priorities for the time being. The authorities additionally often impose loadshedding to ease the strain on international reserves, though the nation wants to take care of export industries and manufacturing items to take care of financial energy.
In these circumstances, Bangladesh is shifting ahead with plans to speed up cleaner and cheaper renewable vitality choices, in order that the vitality disaster doesn’t undermine progress.
On Monday, Saudi Arabia’s ACWA Energy signed a non-binding Memorandum of Understanding (MoU) with the state-owned Bangladesh Energy Growth Board (BPDB) to construct a 1,000MW solar energy plant in Bangladesh.
Minister of State for Energy, Vitality and Mineral Sources Nasrul Hamid welcomed the initiative, saying that ACWA’s funding and know-how will assist Bangladesh obtain its clear vitality purpose by 2041.
BPDB Board Secretary Mohammad Selim Reza and ACWA Energy’s Govt Director of enterprise growth Ayad Al Amri signed the MoU for his or her respective sides.
In response to the MoU, ACWA Energy will present technological and monetary assist whereas BPDB will prolong administrative assist for the 1,000MW challenge, UNB reported.
“The federal government is working in a coordinated strategy to promote renewable vitality. The State-owned Sustainable and Renewable Vitality Growth Authority (Sreda) offers the required technical assist and session,” he stated on the contract signing ceremony. held at Biduyt Bhaban in Dhaka.
Nasrul Hamid stated that the usage of fashionable know-how is important to beat the obstructions associated to the dearth of land to put in giant photo voltaic vegetation.
“We hope that ACWA will convey such an answer that may assist obtain our purpose for 2041,” he added.
With BPDB chairman Md Mahbubur Rahman within the chair, the operate was additionally addressed by Energy Secretary Habuibur Rahman and Ambassador of Saudi Arabia to Bangladesh Issa bin Youssef Al-Duhailan.
Mega initiatives into account
The contribution of photo voltaic vitality to the nationwide grid is small – about 1% of the full every day era of about 12,000-14,000MW. From FY2017-22, energy era from photo voltaic vegetation elevated barely from 38MW in 2020 to 230MW in 2022.
In response to a number of high-ranking officers, the federal government has not too long ago obtained a minimum of three proposals looking for unsolicited bids to construct 1,000MW vegetation, every of which can require an funding. which is over Tk15,000 crore, or over $1.5 billion, and huge land.
The proposed areas are Zajira in Shariatpur, Saral in Banshkhali in Chittagong and Swarna Dwip (previously Jahazzair Char) in Noakhali.
Work on the plant below the Noakhali challenge is already underway. The thirty third Infantry Division of the Bangladesh Military has been in command of the 370sq-km island since 2013 and has been implementing numerous growth initiatives together with constructing a base for workouts.
Of the opposite 11 proposals at present below overview by the federal government, Sreemangal in Moulvibazar has been proposed for a 300MW plant, Mongla in Bagerhat for a 200MW one, and Gaibandha and Thakurgaon for 2 200MW vegetation. Some vegetation have an estimated capability of 10-70MW.
The three.28MW Sarishabari plant in Jamalpur is the nation’s first grid-tied solar energy facility that started business operations in 2017.
