H&M Group Partnered with Global Fashion Agenda for Offshore Wind Project in Bangladesh
H&M Group and Bestseller have joined forces with the Global Fashion Agenda (GFA) to develop the 500 MW offshore wind project in the Bay of Bengal on the coast of Bangladesh.
The commitment of USD 100 million is a component of the overall investment in the wind project, which seeks to utilize near-shore wind turbines situated off the coast of Cox’s Bazar, contributing sustainable energy to Bangladesh's power grid. Copenhagen Infrastructure Partners (CIP), renowned for its leadership in renewable green investments, will collaborate closely with authorities in Bangladesh and other crucial strategic partners to advance the project's development.
Country updates
-
-
November 30, 2023
Paramount Textile invests in 100 MW solar plant in Bangladesh
Paramount Textile Ltd (PTL) has decided to invest in a solar power plant by acquiring a 49% stake in Dynamic Sun Energy Private Ltd, in the Pabna district in northwestern Bangladesh. Shapoorji Pallon...
Read more -
November 08, 2023
Preliminary approval granted for 500 MW offshore wind farm in Bangladesh
Singapore-based Summit Power International has confirmed plans for the next phase of development of a 500-MW offshore wind farm in Bangladesh. The Bangladesh government has granted preliminary approv...
Read more -
November 03, 2023
Bids invited for 132 kV Underground Transmission Line Project in Dhaka
The Dhaka Electric Supply Company Limited (DESCO) has invited sealed bids from eligible Bidders for the Design, Supply, Installation, Testing, and commissioning of a 132 KV Underground Transmission Li...
Read more -
June 29, 2023
Amara Raja wins EPC deal for 100 MW solar PV project in Jamalpur
Amara Raja Infra Private Limited (ARIPL) has won a contract to engineer, design, supply, install, and commission a US$130 million solar project in Bangladesh. The company, which is part of the Amara R...
Read more -
June 05, 2023
Joules Power starts commercial operation of 3.2 MW floating solar project in Chapainawabganj
Joules Power Ltd. has started the commercial operation of a 3.2 MW floating solar photovoltaic project located on a fish pond near Nawab Auto Rice Mills (Pvt.) Ltd. in Chapainawabganj distri...
Read more
