Rapidly emerging as an attractive hub for renewable energy, with an estimated RE capacity addition of 0.5 – 1 GW per annum over the next 10 years
Target of 40% contribution by RE to the total power generated by 2041, with a major focus on solar power
Favorable IPP policy and various tax incentives have created a conducive environment for RE development
How We Are Different
Deep relations with the Government as well as a strong network of local partners
The Hero brand is well established and recognized across Bangladesh thanks to its flagship two-wheeler business
Our Offerings
HFE plans to invest significant sums over the short-medium term to set up significant capacity across both utility-scale and rooftop solar in Bangladesh
What We Are Doing
Project in Pipeline
Solar Farm in Khulna, Bangladesh
Current Status
The company has initiated Feasibility, Grid impact and Flood assessment studies to assess the effects of Flood water level at the project site. A draft PPA has also been agreed with the Bangladesh Power Development Board and approximately 40% of the land acquisition has been completed.
Energy Output
Hero Future Energies (HFE) is set to construct an innovative solar fisheries farm in Khulna, Bangladesh with a capacity of 70 MWp, which will generate enough electricity to power 480,000 households in the region.
Community
The solar farm is a one-of-a-kind, dual-purpose project that aims to not only generate electricity but also promote fish cultivation. This initiative is expected to bring significant socio-economic benefits to the local communities residing near the project area.
Environment
The solar farm project is expected to offset roughly 96,400 tonnes of carbon emissions that would have otherwise been generated by conventional fossil fuel power plants.
