EU to help Bangladesh in attaining renewable energy goals

Originally posted in The Financial Express on 16 June 2022

Picture used only for representation

The EU Member States have common interest to support Bangladesh in achieving their national goals and fulfilling international commitments in the field of renewable energy through the Team Europe Initiative.

“The Initiative will allow us to better coordinate and consolidate our engagement in the Green Energy Sector and strengthen our relationship with the Bangladesh government and the private sector,” said Johannes Schneider, head of the Development Cooperation, Germany, during a field visit on renewable energy on Tuesday, according to a press statement.

Team Europe Initiative on Green Energy Transition (TEI GET) organised the field visit to three renewable energy projects.

The visit was attended by Germany and the European Union, as TEI GET co-chairs, along with high-level representatives of Denmark, Sweden, AFD, GIZ, KFW and Switzerland.

Md Mostafa Kamal, additional secretary of the Renewable Energy and Power Division under the Ministry of Power, Energy and Mineral Resources (MoPEMR), and Mr Md Golam Mostofa, additional secretary, Member Admin, Sustainable and Renewable Energy Development Authority (SREDA), also took part in it.

The visit, organised in association with IDCOL, started with a guided tour of the operational rooftop solar with Net Metering system at Snowtex Outerwear Ltd at Dhamrai, Savar, following a discussion meeting with TEI GET, IDCOL, Snowtex Management and government counterparts.

Later, the group visited an IDCOL project, co-financed by KFW, of Solar Irrigation Pumps, and a domestic biogas plant in Dhamrai.

Maurizio Cian, head of cooperation, EU delegation, highlighted the transformational approach of Team Europe, saying: “Team Europe’s common values and expertise in renewable energy are key drivers of this initiative.”

“Team Europe provides the framework to deliver European support to the government of Bangladesh, with the ambition of a transformational impact in accelerating a green and just energy transition,” he added.

Mostafa Kamal, additional secretary of the Renewable Energy and Power Division, said, “Bangladesh is committed to increasing renewable energy contribution in the national power generation mix, to promote appropriate, efficient and environment-friendly technology for the development of renewable energy.”

“We are looking forward to implementing our strategies in collaboration with Team Europe,” he added.

TEI GET, launched in Dhaka in June 2021, aims at supporting Bangladesh to build a power system that leads to maximum coverage of the country’s energy demand through renewable energy while reducing GHG emission, energy consumption and demand through energy efficiency.

TEI GET, co-chaired by Germany and the EU, includes EU Member States Denmark, France, Italy, Spain, Sweden, The Netherlands, the European Investment Bank (EIB) and like-minded countries like Norway and Switzerland.