CATEGORIES

Yunus for Operationalizing 'Loss and Damage Fund' to Address Climate Change

Chief Adviser Professor Muhammad Yunus has urged the world community to make the 'Loss and Damage Fund' operational with additional financing aiming to deal with the adverse impacts of global climate change.

Deal on Climate Aid Hangs in Balance at UN COP29 Summit

Nations remain in deadlock over a crucial pact on climate aid, with divisions over who pays, and how much, threatening chances of a deal being landed at next month's COP29 summit.

Incoming Presidency Formulates COP 29 An Agenda, Reveals Initiatives

Through its initiatives, the Presidency endeavors to “address all climate pillars, involve global, regional, national and subnational groups, take a holistic view of sustainable development, and include all demographics within an inclusive process that delivers inclusive outcomes.

Azerbaijan Fails to Mention Fossil Fuels at UNGA Speech

COP29 Host Azerbaijan's Minister of Foreign Affairs, Jeyhun Bayramov, spoke recently at the 79th United Nations General Assembly and outlined a few critical COP29 outcomes. 350.org recognizes and welcomes the mention of the need for a renewable energy uptake and the delivery of a fair and ambitious New Collective Quantified Goal (NCQG) at COP29, but expresses concern over Azerbaijan's continued pattern of not mentioning 'transitioning away from fossil fuels'.

Dhaka Hopes COP29 will Deliver Concrete rowess on Materializing Financing Commitments

Foreign Secretary Md Jashim Uddin has expressed hope that COP29 will deliver concrete progress on materializing international climate financing commitments.

PowerChina Switches on 100 MW Solar Tower in South Africa

PowerChina said South Africa's 100 MW Redstone CSP plant has achieved grid connection.

US DOE to Invest $112.5m to Promote Wave Energy

The US Department of Energy (DOE) says that it will fund up to $112.5 million to promote and commercialize wave-created power in what it describes as “its largest-ever investment in marine energy.”

Spain's Acciona Advances 2.4 GW of Energy Storage

Acciona Energía has just launched its second hybrid wind-solar project in Spain, at Villalba del Rey and Tinajas.

Bangladesh Lags as Renewables Set to Offer Half of Global Electricity by 2030: Report

In a striking contrast to global trends, Bangladesh finds itself lagging in the renewable energy sector, as outlined in the latest International Energy Agency (IEA) report recently.

Fuel Retailers See EV Charging as Key to Survival

Fuel retailers see EV charging as a critical battleground for retaining customers, with 88% concerned about the impact of growing competition as drivers plug in at homes, workplaces and destinations, according to a new survey by Konect, a Gilbarco Veeder-Root business.

$300m WB Fund for Clean Air Project

The World Bank will provide $300 million to assist the clean air project in Bangladesh.

BPDB Likely to Invite Tender for Setting Up 10 Solar Power Plants

The Bangladesh Power Development Board (BPDB) is preparing to float tenders for the development of 10 gridconnected solar power plants in the private sector, each with a capacity of 50 MW, totaling 500 MW.

India Seeks 6,000 MW of Peak Renewable Power Supply with Storage

India is seeking bids to supply 6,000 megawatts (MW) of electricity from renewable energy power projects for assured peakhour supply with storage, according to a tender issued by state-run SJVN (SJVN.NS).

China Keen to Invest in Bangladesh's Solar Panels, Deepen Ties

Chinese Foreign Minister Wang Yi recently said his country wants to invest in solar panels in Bangladesh and deepen trade and economic ties with Dhaka.

Govt Set to Issue Tk5,000cr Bonds to Clear Power Sector Dues

The government is set to issue new bonds worth Tk5,000 crore to address pending payments to private power producers, according to official sources.

100 New Gas Wells to be Drilled by 2028

Authorities have started work for drilling at least 100 new gas wells by 2028, 50 of which would be drilled by next year, in order to resolve the country’s persistent fuel crisis, energy adviser Muhammad Fouzul Kabir Khan said recently.

Tripartite Deal Inked to Bring 40 MW Power from Nepal to Bangladesh

Environment, Forest, Climate Change Adviser Syeda Rizwana Hassan recently witnessed the signing of a 40-megawatt electricity trading agreement among Nepal, Bangladesh, and India.

Summit Group Urges Govt to Reverse Decision to Terminate FSRU Project

Summit LNG Terminal II Co Ltd (“SLNG II”), a unit of Summit Group, has urged the government of Bangladesh to reverse its decision to terminate the third Floating Storage and Regasification Unit (“FSRU”) project in the country.

RNPP Experts Receive Training in Russia on Nuclear Fuel Handling

Rooppur Nuclear Power Plant experts have completed training at a Rosatom research institute in Troitsk, Russia.

Govt Cancels Deal with Summit Group on Setting Up New FSRU

The government has cancelled the deal with Summit Group over setting up of a new floating storage and re-gasification unit (FSRU), known as LNG (liquefied natural gas) terminal.

Bangladesh Deposits Instrument of Ratification of BBNJ Deal

Bangladesh has deposited instrument of ratification for the Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement) to the United Nations.

TotalEnergies Plans to Grow Oil, Gas Production Until 2030

French energy giant TotalEnergies has announced plans to increase its oil and gas production until 2030, as it seeks to reassure investors about its fundamentals.

Doreen Power to Sell Another Plant

Doreen Power Generations and Systems has announced that it will sell another power plant in Feni a month after it sold its Tangail plant upon the expiry of its 15-year power purchase contract with the government.

Chevron Bangladesh Inaugurates Comprehensive Tree Plantation Drive

Chevron Bangladesh and Green Savers, an environmental organization, jointly inaugurated a tree plantation program in the vicinity of Chevron Bangladesh's Bibiyana Gas Plant in Habiganj as part of the comprehensive tree plantation initiative across the country to protect biodiversity.

Dr Yunus Praises Russian Cooperation in Power, Energy Sectors

Chief Adviser Professor Muhammad Yunus recently praised Russia’s cooperation in the power and energy sectors and acknowledged Russia’s role as a supplier of wheat and fertilizer to Bangladesh.

Gas Supply Chain Management Bangladesh and Beyond

Following the recent political change from the mass uprising, disputes have surfaced among Petrobangla and gas companies over the gas supply chain management.

The Controversy Over Bangladesh's Special Energy Act

Bangladesh’s Quick Enhancement of Electricity and Energy Supply (Special Provisions) Act 2010 has sparked both swift solutions and heated debates.

Energy Crisis And Recovery Roadmap

If one asks me about one of the burning issues the interim government has to deal with, I will mention the dwindling energy supply situation.

Rupsha Power Plant The Fate Of New, Efficient Facility Hinges On Gas

The gas supply crisis in the entire gas franchise is getting more intense daily.

CLIMATE CHANGE AT UNGA PROF YUNUS LIVED UP TO EXPECTATIONS

Before he visited New York to attend the 79th session of the UNGA, Prof Muhammad Yunus, the chief adviser of Bangladesh’s interim government, was urged to push the global leaders to intensify the fight against climate change.