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

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

September 15, 2025
Italy’s latest renewable energy tender has received 12GW of bids, of which the majority, 10GW, came from solar PV.
September 9, 2025
The US is forecast to reach between US$55-60 billion in clean energy tax credit monetisation in 2025, according to a report from clean energy financing technology platform Crux.
September 9, 2025
Australia's National Electricity Market (NEM) broke records yesterday when renewables supplied 76.4% of total electricity demand, with solar power contributing nearly 60% of the record-breaking clean energy mix.
September 8, 2025
France has awarded 971MW of ground-mount solar capacity, to 165 projects, in the eighth round of the PPE2 PV tender.
September 8, 2025
A green energy auction in the Philippines has secured 9.4GW of renewable energy capacity subscriptions, of a target of 10.65GW.
September 3, 2025
Singapore-headquartered independent power producer Peak Energy has broken ground on a 65MWp solar project in Isabela, in the Cagayan Valley region of northeast Luzon, Philippines. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA