German Energy Private Sector Meeting, Bangladesh

Berlin – July 22nd, 2016

An official government and private sector delegation from Bangladesh including  Mr. Nasrul Hamid, Honorable State Minister, Ministry of Power, Energy and Mineral resources, Government of Bangladesh met selected German private sector companies including SIEMENS, MAN DIESEL, IB VOGT and RAACH SOLAR. The meeting, hosted by GIZ and BSW, concentrated on the information exchange, market development and investment possibilities in Bangladesh.

Bangladesh’s Government outlined its ambitious plans to boost the market development in renewable energies. At present, renewable energies amount for only 5% of Bangladesh’s energy production and the plans is to double this share until 2021. The photovoltaic installations will increase during this time period from the current level of 222MWp to 1739MWp, whereas 1285MWp will be in the market section of large scale photovoltaic power plants.

RAACH SOLAR presented its 300kWp photovoltaic grid connected reference installation for a private garment factory and the target to ramp up with another project of 750kWp to go into the MWp photovoltaic power plants category by 2017.