[Solar: Bangladesh announces tax incentives to accelerate solar development]

Published: Jun 12, 2026 16:42

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Bangladesh has announced a major policy package to accelerate solar development, including a 0% tax rate for the solar sector until 2035 and a 5% tax rebate on payments made against consumers’ solar electricity bills. The government will also reduce import duty, regulatory duty, supplementary duty and advance tax to 0% on key solar components, including inverters, lithium cells, batteries, PV modules, mounting structures, BESS, battery management systems, solar DC cables and thermal management systems. The policy aims to attract investment and support Bangladesh’s target of meeting 20% of electricity demand from renewables by 2030 and 30%-50% from clean energy by 2050.

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