B Mirror Report: Australia has expressed interest in investing in Bangladesh’s renewable energy sector through financing, technology cooperation and joint ventures, with a focus on solar power, energy storage and biomass.
The interest was highlighted at a seminar titled “Renewable Energy, Decarbonisation and Energy Transition” organised by the Australia Bangladesh Chamber of Commerce and Industry (ABCCI) in Dhaka on Monday.
Australian Deputy High Commissioner Clinton Pobke said Bangladesh’s growing energy demand presents opportunities for investment and technological cooperation. Under the country’s Renewable Energy Policy 2025, Bangladesh aims to generate 20% of its electricity from renewable sources by 2030 and 40% by 2041.
ABCCI President M Moksed highlighted opportunities for cooperation in rooftop and floating solar power, battery storage and electric vehicle infrastructure.
Around 150 representatives from government agencies, businesses, financial institutions and development partners attended the seminar to discuss investment opportunities and private-sector participation in renewable energy.
