SunEdison subsidiary Southern Solar Power has signed a power purchase agreement (PPA) with state-run Bangladesh Power Development Board (BPDB) for a 200MW grid-connected solar park in southern Bangladesh, according to a filing on the Dhaka Stock Exchange.
Bangladesh plans to double fossil fuel generation capacity to 24GW by 2021, but the dangers of dependence on conventional energy generation can be avoided through energy imports and solar, according to a new report from the Institute of Energy Economics and Financial Analysis (IEEFA).
Indian conglomerate Adani is considering setting up large-scale solar PV projects in Bangladesh as the firm’s renewable energy vision continues to expand outside of India.
