Business
Energy & Power
Global Talks Begin on Phasing Out Fossil Fuels amid Energy Crisis
More than 50 have gathered countries in Santa Marta for the world's first international talks focused specifically on phasing out fossil fuels, against the backdrop of the ongoing Iran war and a tightening global energy supply.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Three Central Asian Countries Jointly Building 2,000 MW Hydropower Plant
Three Central Asian countries Kazakhstan, Kyrgyzstan and Uzbekistan - are set to launch a joint hydropower plant with a capacity of nearly 2,000 MW. The facility will be built on the Naryn River in Kyrgyzstan.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Renewables at the Core of Bangladesh's Energy Future
Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood recently stated that renewable energy is no longer optional but essential for building a sustainable and resilient power sector in Bangladesh.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Blue Hydrogen Growth Depends on Policy, Markets and Technology
Blue hydrogen, produced from natural gas with carbon capture, is emerging as a lower-carbon bridge between fossil fuels and a future hydrogen economy.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Climate-Induced Migration Must Be Central to National Policy: Swapon
Information and Broadcasting Minister Zahir Uddin Swapon has urged policymakers to treat climate-induced migration as a major public policy priority rather than merely a humanitarian concern.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Battery-Run Rickshaws Increasing Pressure on Power Grid
The rapid and largely unregulated expansion of battery-run rickshaws and vans is placing growing pressure on Bangladesh's electricity system, raising concerns over energy security, subsidies, and grid stability.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
UAE Withdraws from OPEC, OPEC+
In a statement posted on its X page recently, which was translated from Arabic, the United Arab Emirates (UAE) Ministry of Energy and Infrastructure announced that the country has made a decision to withdraw from OPEC and OPEC+, effective May 1.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Prime Bank Secures $30m OPEC Fund
Prime Bank PLC recently signed a 30 million dollars term loan agreement with the OPEC Fund for International Development to strengthen its trade finance capacity, particularly for SMEs, agriculture and corporate clients.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Second Meeting on 250m Tree Plantation Program Held
Bangladesh recently held the second meeting of a special government cell formed to implement a nationwide programme to plant 250 million trees over the next five years.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Rancon Launches Country's First Solar-Powered Cold Storage in Chattogram
Rancon Infrastructure and Engineering Limited has launched Bangladesh's first solar-powered cold storage facility in Chattogram, marking a notable step toward wider use of renewable energy in the country's industrial sector.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Jet Fuel Price Cut after 3 Months of Rise
The Bangladesh Energy Regulatory Commission has cut the price of jet fuel from $1.48 a litre to $1.34 for the international flight operators.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Bangladesh Pushes Climate Agenda Ahead of COP31
As climate risks intensify across the globe, countries are increasingly turning their attention to building resilient cities and securing stronger international cooperation ahead of the next UN climate summit.
2 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Large-Scale Heat Pumps Utilize Excess Heat from Microsoft Data Centers in Finland
Finnish state-owned energy company Fortum has commenced operations of two large-scale heat pump plants.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Bangladesh's First "Made in Bangladesh" EV Unveiled by BAIL
The country's first \"Made in Bangladesh\" electric vehicle (EV) has been unveiled by Bangladesh Auto Industries Limited (BAIL), at an auto show in Dhaka.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Chinese Firms Win Tk 945cr Deals to Drill 3 Gas, Oil Wells
The government has selected two Chinese companies to drill three wells at different locations across the country at a cost of Tk 945 crore.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Huawei Brings Advanced Solar Energy Storage in Bangladesh
Huawei has officially launched an advanced Energy Storage System (ESS), LUNA2000-241KWH-2S1 series, for the Commercial & Industrial (C&I) sector of Bangladesh.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Rampal Power Plant Delivers Strong Output
The Maitree Super Thermal Power Plant (Rampal), a joint venture between Bangladesh and India, played a crucial role in supporting the national grid during peak electricity demand in April 2026.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Bangladesh, Bhutan Eye Stronger Ties in Energy, Trade
Bangladesh and Bhutan have expressed keen interest in deepening bilateral cooperation, particularly in renewable energy and trade, to unlock the untapped economic potential of the South Asian region.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
IEA, Türkiye Seek Clean Energy Agenda Ahead of COP31
Amid a deepening global energy crisis, representatives from around 50 governments discussed energy security, electrification, clean cooking in Africa, and other key issues ahead of the COP31 climate summit.
2 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
DIFFICULT TIMES: WISHING GOOD LUCK TO GOVT
Bangladesh has nearly 40.9 million electricity users and most of them brace for a fresh hike in electricity prices.
2 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Fahmida Calls for Targeted Fuel Subsidies, Greater Energy Transparency
Fahmida Khatun has urged the government to phase out universal fuel subsidies and instead provide targeted support for farmers, irrigation, and public transport.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Four More RMG Factories Achieve Top Sustainability Ratings
Bangladesh's readymade garment (RMG) sector continues to strengthen its global leadership in sustainable additional factories manufacturing, as four have earned prestigious Leadership in Energy and Environmental Design (LEED) certification.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Energy Trap Threatens Bangladesh's Growth, Experts Tell Roundtable
Bangladesh is not merely facing an energy crisis; it has become trapped in an energy lock-in driven by continued dependence on imported fuel and power, speakers said at a recent seminar.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
China Calls for Deeper RE Cooperation with Bangladesh Under BRI
China has urged stronger collaboration with Bangladesh to expand renewable energy development, with a focus on building a model for green growth under the Belt and Road Initiative (BRI).
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Rosatom Installs Automated Control System at Rooppur Unit-1
Rosatom has completed the delivery and installation of the full automated process control system (APCS) for Unit-1 of the Rooppur Nuclear Power Plant, marking a major milestone in Bangladesh's first nuclear power project.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Power, Gas Connections to 20 Factories Cut Off over Sitalakhya Pollution
The electricity and gas connections to 20 industrial factories operating without effluent treatment plants along the banks of the Sitalakhya River in Narayanganj have been disconnected following a High Court order.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Tropical Forest Loss Eased in 2025 After Record Year: Researchers
The pace of tropical forest destruction slowed in 2025 after record losses the year before but remained at worrying levels equivalent to 11 football fields per minute, researchers said recently.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Bangladesh Expo Highlights Rising Demand for Solar, RE and Green Tech
The three-day 15th 15th International Bangladesh Infrastructure Innovation and Development Expo and Dialogue 2026, along with the Dhaka Industrial Packaging Expo, concluded on a strong note, drawing wide attention to solar power, renewable energy, energy-efficient technologies, green construction solutions and modern packaging innovations.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Experts Urge Policy Reforms to Achieve 10,000 MW Solar Target by 2030
Energy experts and civil society leaders have called on the government to undertake urgent policy reforms- including reducing import duties on solar equipment, streamlining investment procedures, and reallocating fossil-fuel subsidies-to help Bangladesh achieve its target of generating 10,000 megawatts of solar power by 2030.
1 min |
EP_21_23 (Energy & Power Vol 23 Issue 23 May 16, 2026)
Energy & Power
Shell Reports Higher Profits amid Iran Conflict Oil Surge
Shell has reported a sharp rise in quarterly profits as global oil prices increased during the Iran conflict.
1 min |