As part of aligning new partners across the Sunbelt sharing
a common vision, Solamon Energy Corp. is proud to announce its intention to
supply a 30MW solar energy plant in Bangladesh and now looks forward to working
with the Bangladesh Energy Regulatory Commission, as well as leaders and
administrators and other individuals at critical organizations and associations
involved in the bid process to deliver sustainable solutions and achieve the
Government's goal of 800MW from renewable sources as stated in their National
Renewable Energy Policy.
Consistent with analysts' projected growth for the region overall, and with the
Government of the People’s Republic of Bangladesh having recently authorized
The Bangladesh Power Development Board (BPDB) to develop a 30MWp solar park on
the banks of The River Dhorola in Kurigram, Solamon Energy's President Jay Yeo
says he expects this project to be the first of many tenders for large
commercial PV systems and adds partnerships enabling growth will be announced
shortly.
In short, the aim of the Government is to generate 10% of total electricity
demand by 2020 from solar, wind, biomass and hydropower, and extract more if
possible to reduce oil imports in the future. "If we are successful in our
bid for the Dhorola project, and we expect it be to a lengthy process,"
Yeo explains, "we will have likely begun to explore these many new
relationships and opportunities to initiate wider turnkey solutions on a
utility scale, as there is a known preference for solar systems we understand
these stated intentions are the first steps on a long yet rewarding journey on
many levels."
The BPDB-owned site will house the project, packaged and leased to the project
on a straight-forward build, own, operate basis for a period of 20 years. “We
are very excited about this project,” says Solamon President Jay Yeo.
“Bangladesh ranks in the top 100 nations for energy consumption, and their
needs are growing. We are beginning to see aggressive steps being taken by the
BPDB to combat growing stain on the existing grid. We are happy to have the
opportunity to aid in diversification of Bangladesh’s renewable energy
portfolio.”
The objectives of the Renewable Energy Policy of Bangladesh include: to harness
the potential of renewable energy resources and dissemination of renewable
energy technologies in rural, and urban areas; to enable, encourage and
facilitate both public and private sector investment in renewable energy
projects. The national grid in Bangladesh currently derives %93.7 of the energy
produced through fossil fuels, augmented by %6.3 from hydro, and experiences
power outages some 248.96 days per year.
Solamon Energy typically offers a ground-mounted solar array of integrated
cells over a package of land called the Apollo Acre™. The company also develops
custom solutions with local partners to provide roof-mounted and parking lot
systems that are easily augmented by micro wind turbine technology and other
innovative features to supply renewable energy locally.
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