SUBSCRIBE
PROFILE

Envision Energy expands to Bangladesh

Envision Energy signs an agreement with Bangladesh Power Development Board (BPDB) to build a 55MW wind farm in Mongla.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Envision Energy signs an agreement with Bangladesh Power Development Board (BPDB) to build a 55MW wind farm in Mongla.

Ambitious objectives

Envision Energy, will sell the electricity produced by this plant to Bangladesh Power Development Board at a price of $0.1320. The Mongla wind farm will have Envision turbines from 171 to 4.5MW. Thus, the energy produced will supply the Mongla region by 2024.

They will produce 10.56Tk per kilowatt hour over a 20-year period. The Mongla wind farm will reduce the equivalent of 110,000 tons of carbon dioxide per year. In addition, this is the second major wind power project in Bangladesh.

Indeed, the first one was a 60MW project in Cox’s Bazar, also equipped with wind turbines of the Chinese group. Mr. Mahbubur Rahman, President of BPDB, states:

“We are excited to work with Envision, to produce clean energy for the grid and to make a significant contribution to Bangladesh’s renewable energy goal.”

Bangladesh is seeking to reduce its greenhouse gas emissions, with a target of 4.1GW of renewable electricity by 2030.

An award-winning company

Envision Energy is a global leader in green technology and a net zero technology partner. This is done in particular through the mission “to solve the challenges for a sustainable future of humanity”. The company promotes wind and solar energy as the “new coal

Envision Energy has subsidiaries, the company designs, sells and operates smart wind turbines and storage system. In addition, the company manages the battery process as well as the largest AIoT operating system by Envision Digital. Finally, the group announces that it will achieve carbon neutrality in its operations this year and by 2028 for its value chain.

The company appears among the “50 Smartest Companies in the World” of 2019 by MIT Technology Review. As of October 2021, Envision Energy was second in the world on Fortune’s “Change the World” list. It joins the global “RE100” initiative and becomes the first mainland Chinese company to commit to generating 100% renewable electricity by 2025.

  • Popular on energynews.pro
Grenergy multiplies its net profit by seven and surpasses €700mn in CAPEX
Post-CfD renewable assets expose investors to increased market risk
ExxonMobil freezes Baytown, major blow to US blue hydrogen sector
South Korea under pressure from the IEA to liberalise its electricity market
Iberdrola launches a public offer to acquire 100% of Neoenergia in Brazil
Snowy Hydro signs 225 MW in 15-year wind and battery contracts
Australian energy provider Snowy Hydro has secured long-term agreements with Aula Energy and TagEnergy, adding 120 MW of wind power and 105 MW of battery storage to its national portfolio.
He Dreiht comes online as German offshore wind model faces deadlock
The He Dreiht offshore wind farm delivers its first MWh as the German auction model stalls, offering EnBW and its institutional investors a strategic showcase.
Ørsted and ESB secure 900 MW offshore contract off the coast of Ireland
The Irish government has provisionally awarded development rights for the Tonn Nua offshore site to the Ørsted-ESB joint venture under a 20-year contract supporting a 900 MW project.
Nordex secures 34 MW contract with Grupo Enhol for wind farm in Spain
Nordex Group will supply six turbines to upgrade a 34.2 MW wind farm in Caparroso, financed by the European Union under the NextGenerationEU plan.
Iberdrola sells 757 MW of French onshore assets to Technique Solaire
The Spanish group continues its asset rotation strategy by transferring its French onshore wind and solar portfolio to Technique Solaire, reinforcing its focus on offshore and regulated networks.
Eurus Energy targets 2029 for restart of Soya Misaki wind farm in Japan
Japanese group Eurus Energy has completed the environmental assessment for its 60.2MW repowering project in Wakkanai, with commissioning targeted for April 2029.
BayWa r.e. receives DNV certification for its concrete floating wind concept
BayWa r.e. has reached a strategic milestone with the concept certification of its BayFloat floating substructure, validated by DNV according to current floating offshore wind standards.
ORE Catapult tests Danish technology to extend offshore wind blade lifespan
A full-scale testing programme will begin in January to assess a blade reinforcement technology developed by Bladena, as ageing offshore wind fleets raise durability challenges.
Longyuan SA trains 110 South African technicians on De Aar wind project
Africa's first wind project led by a Chinese company, the De Aar plant generates 770 million kWh annually and focuses on developing local talent.
SPIE secures full cabling contract for Dogger Bank offshore wind farm
SPIE Wind Connect has been selected by DEME Offshore to carry out all connection and high-voltage cable testing work for the 3.6 GW Dogger Bank offshore wind project off the UK coast.
Nordex signs 21 MW deal with BMR for German wind farm
German group Nordex will supply three turbines to developer BMR for a 21 MW project in North Rhine-Westphalia, bringing BMR's total orders to nearly 110 MW in 2025.
Q ENERGY invests in two wind projects in Cuxac-Cabardès to double capacity
Q ENERGY is simultaneously conducting the repowering and extension of its wind farm in Aude, with commissioning scheduled for late 2026 and a production goal equivalent to the consumption of 45,000 people.
Cordelio Power starts operations at 135 MW wind farm in Arkansas with Microsoft
Cordelio Power has launched commercial operations of the Crossover wind farm in Arkansas, securing a 20-year power purchase agreement with Microsoft and closing $811mn in financing from North American banks.
VSB France launches 13.8 MW wind farm at 1,420 metres altitude
VSB France has commissioned the Eoliennes de Fadoumal wind farm in Lozère, a 13.8 MW facility located in a forested high-altitude area and equipped with a patented avifauna detection system.
Proparco strengthens Kipeto wind farm equity alongside Meridiam
Proparco has invested in the 100 MW Kipeto wind farm in Kenya, reinforcing France’s financial involvement in East Africa’s energy sector, without disclosing the amount of the transaction.
Terra-Gen commissions 238.5 MW wind farm in Texas
The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
UK relaunches offshore wind with AR7 tender and 5.5 GW at stake
The UK is betting on a new contracts-for-difference model to secure up to 5.5 GW of offshore wind, despite a reduced budget and unprecedented competitive pressure.
CWP Energy and KfW IPEX-Bank secure £400mn financing for Sanquhar II wind farm
CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.
Nordex signs 42 MW contract with SSE for two wind farms in Spain
Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
DenkerWulf commissions Nordex to install 25 wind turbines for 123 MW in Germany
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.