Bangladesh's first state-owned solar plant comes online

The new generation facility was financed by the Asian Development Bank and built by Chinese company ZTE Corp. The project will sell power to the grid for $0.065/kWh, a record low for solar in the country.Bangladesh's first state owned solar project came online yesterday as prime minister Sheikh Hasina Wazed inaugurated the 7.4 MW facility in Rangamati district, built on 23 acres near the Karnaphuli hydropower plant. The installation lowered the cost of solar power in Bangladesh - which has hovered at $0.0749-0.101/kWh - as it will supply electricity for $0.065. The prime minister used the occasion ...

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