German PV mission developer IB Vogt has secured an influence buy settlement for a 50 MW PV facility in Bangladesh.
Located in Mirsharai sub-district of Chittagong district, this plant is owned and operated by a particular function automobile Sonagazi Solar Power Ltd and might be inbuilt 15 months, in line with the corporate.
The Bangladesh Power Development Board (BPDB) will buy electrical energy from the ability plant at a value of $0.1094/kWh for 20 years.
Power division secretary Habibur Rahman mentioned a letter of intent for the mission was signed in December 2019, when the plant was initially deliberate to be inbuilt Sonagazi, in Feni district. However, because of land acquisition problems, the plant needed to be moved to a brand new location, he mentioned.
“The non-availability of non-agricultural land, the speed of photo voltaic irradiance, and the value of renewable electrical energy are among the many obstacles to the growth of renewable power in Bangladesh,” mentioned junior energy minister Nasurl Hamid.
According to him, 47 solar energy initiatives amounting to three.74 GW are presently being developed and constructed within the nation. In addition, about 79 initiatives had been evaluated with a era capability of 9.318 GW. “About 8 GW to 10 GW of electrical energy from renewable sources might be added to the grid by 2023,” the minister mentioned.
Bangladesh presently has the capability to generate 1.375 GW of electrical energy from renewable sources, of which 1.080 GW is from photo voltaic.
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