Energypac Eletronics signed a Joint Development Agreement (JDA) with Singapore based company MPWRNRGY to develop solar power plants in Bangladesh.
The companies aim at contributing to Bangladesh’s vision to generate clean energy and achieve the targeted Sustainable Development Goals (SDGs).
The signing ceremony took place in Dhaka recently.
Energypac Electronics provides reliable, efficient, and expert energy solutions in Bangladesh whereas MPWRNRGY develop, install, and operate green technologies.
The proposed utility scale solar PV plants will generate electricity, converting energy from the sun which is considered unlimited and is free from emissions, unlike fossil fuels that are limited and release carbon dioxide (CO2) in the atmosphere causing the Earth to retain more heat and resulting in climate change.
Addressing the signing ceremony Ahmed Mashroor Huda, Head of Brand and Market Communication of Energypac Electronics Limited said, "Solar Parks produce safe and locally produced energy. Developing clean and renewable energy has become vital for Bangladesh to meet the SDGs within the stipulated time.”
Nabeel Ismeer, Co-Founder of MPWRNRGY added, "Bangladesh has one of the world's largest domestic energy programs. The opportunities created by implementing Solar PV generation are manifold, including reduced CO2 emissions and other pollutants."