Indonesia Pertamina NRE to build 500MW solar PV plant in Bangladesh

July 18, 2024
Facebook
Twitter
LinkedIn
Reddit
Email
Pertamina NRE will build the project in the southeastern of Bangladesh, in the Maheshkhali area. Image: Photo by American Public Power Association on Unsplash

Pertamina New & Renewable Energy (Pertamina NRE), a subsidiary of Indonesian state-owned oil and gas company Pertamina, has signed a memorandum of understanding (MoU) to build a 500MW solar PV plant in Bangladesh.

Signed with state-owned energy company Coal Power Generation Company Bangladesh Limited (CPGCBL), the project is expected to be built in the Maheshkhali area, in the southeast of Bangladesh.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The location of the project coincides with the highest levels of irradiation in the country and the best solar PV power potential, as shown in the graph below.

Graph: Global Solar Atlas.

The MoU also includes the construction of supporting facilities and for the possible development of further cooperation between the companies. A timeline for the construction and commercial operation of the project was not disclosed by either company.

“I am confident that this strategic partnership will be the foundation for cooperation that will not only enhance our operational capabilities, but also drive growth, innovation, shared success, and support Bangladesh’s national energy security,” said Nelwin Aldriansyah, CFO of Pertamina NRE.

With the construction of the 500MW solar PV project, Bangladesh would nearly double its installed solar capacity. By the end of 2023, the country had installed less than 800MW of solar PV capacity, according to data from energy think tank Ember.

Most of the country’s electricity generation comes from fossil fuels, with only less than 1% from solar PV.

Read Next

October 21, 2025
Leading Chinese solar manufacturer Trinasolar has signed a module supply agreement with Malaysian renewable energy developer Mestron Energy.
October 21, 2025
An independent panel has granted resource consents for the 179MW Glorit Solar Farm in Auckland, New Zealand.
October 15, 2025
Ciel & Terre has launched a new floating PV structure designed to address the increasingly large scale of floating solar projects.
October 15, 2025
The Australian government has approved the 141MW Forbes Solar Farm Project in New South Wales in just 19 days, marking one of the fastest environmental approvals on record in the country.
October 15, 2025
Australia has opened registrations for Capacity Investment Scheme (CIS) Tender 7, which targets 5GW of renewable energy generation capacity across the National Electricity Market (NEM).
October 10, 2025
NTPC Renewable Energy Limited has signed an MoU with the Government of Gujarat to develop 15GW renewable energy projects in Gujarat.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany
Solar Media Events
March 24, 2026
Lisbon, Portugal