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ADB allocates $121.55 million for solar power generation in Bangladesh
ADB allocates $121.55 million for solar power generation in Bangladesh

National

ADB allocates $121.55 million for solar power generation in Bangladesh

The Asian Development Bank (ADB) has signed a 121.55 million US dollar financing package with Dynamic Sun Energy Private Limited to build and operate a 100-megawatt (MW) grid-connected solar photovoltaic power plant in Pabna.

What will we do with this 'Sustainable Renewable Energy Development Authority'!
What will we do with this 'Sustainable Renewable Energy Development Authority'!

Power and Energy

What will we do with this 'Sustainable Renewable Energy Development Authority'!

The government has set up the 'Sustainable and Renewable Energy Development Authority' (SREDA) to develop renewable energy in the country. This organization is working on the development of renewable energy. On March 11, the organization presented a research paper. According to that study, $66 billion is needed to convert the country's fossil fuel and electricity-powered irrigation pumps to solar-powered irrigation pumps. The plan shows that SREDA has planned to convert 17 lakh pumps to solar power by 2031.

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