Photovoltaic "0" tax rate! A South Asian country vigorously promotes the development of solar energy industry

2026-06-16 16:57:38

On June 11, local time, Bangladesh Finance Minister Koslu announced the national budget, proposing to allocate 1499.6 billion Bangladesh Taka (about 82.568 billion yuan, exchange rate 1 yuan = 18.16 Bangladesh Taka) special funds to ensure the continuous supply of electricity, while improving the efficiency of power generation, transmission and distribution systems.

On June 11,

local time, Bangladesh Finance Minister Koslu announced the national budget, proposing to allocate 1499.6 billion Bangladesh Taka (about 82.568 billion yuan, exchange rate 1 yuan = 18.16 Bangladesh Taka) special funds to ensure the continuous supply of electricity. At the same time, it improves the operation efficiency of power generation, transmission and distribution systems. "The government is working hard to increase the installed capacity of power generation to 35 GW and the total length of transmission lines to 25000 kilometers by 2030,

" Koslu said.

In order to support the development of solar energy, the above budget proposal proposes that domestic photovoltaic power generation projects in Bangladesh can continue to enjoy the "0" tax rate preference by 2035. At the same time, residents can enjoy 5% tax and fee concessions for purchasing green electricity (referring to photovoltaic power generation).

It is reported that photovoltaic modules , inverters, brackets, lithium-ion batteries, lithium-ion batteries, battery energy storage systems, battery management systems, UV-resistant photovoltaic DC cables, battery thermal management systems and other products can enjoy the above tax-free policy. Before June 30

, 2031, imported core components of photovoltaic power generation can be exempted from tariffs, regulatory taxes, surtaxes and withholding taxes; Before June 30, 2030, imported raw materials used for local production of lithium-ion, sodium-ion batteries and battery packs can be exempted from all kinds of tariffs and taxes.

"By gradually promoting photovoltaic, wind power and other clean energy sources , the country (referring to Bangladesh) will consolidate the foundation of low-carbon economic development." Koslu said.

In addition, Koslu mentioned that for local manufacturing projects of renewable energy equipment such as photovoltaic modules, wind power components and energy storage battery systems, investors can receive supporting and incentive policies.

Data show that the total installed capacity of renewable energy in Bangladesh is 1.797 GW, of which photovoltaic installed capacity is 1.504 GW.

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On June 11, local time, Bangladesh Finance Minister Koslu announced the national budget, proposing to allocate 1499.6 billion Bangladesh Taka (about 82.568 billion yuan, exchange rate 1 yuan = 18.16 Bangladesh Taka) special funds to ensure the continuous supply of electricity, while improving the efficiency of power generation, transmission and distribution systems.

2026-06-16 16:57:38

On May 27, local time, the United States International Trade Commission (ITC) voted to make a final affirmative ruling on the second anti-dumping and countervailing sunset review of industrial injury for crystalline silicon photovoltaic products imported from China and a final affirmative ruling on the second anti-dumping sunset review of industrial injury for products imported from Taiwan, China.

2026-05-29 17:45:17

On January 21, local time, Solestial Inc, an American space photovoltaic module manufacturer, announced that it had acquired a batch of solar manufacturing equipment from the German factory of Meyer Burger, a Swiss-based photovoltaic manufacturer.

2026-01-29 17:22:47

A preliminary affirmative anti-dumping ruling was made on photovoltaic aluminium frames originating in China, and a provisional anti-dumping duty/margin of 14.79% -31.40% was imposed on the products involved at CIF.

2025-12-16 15:56:00

The report points out that countries with insufficient access to electricity are facing challenges such as high financing costs, debt pressures and tight development budgets. At present, the progress of electrification is slow, and if we follow the current trend, it will be difficult for the world to achieve the goal of universal electricity consumption in the next decade or even by the middle of this century.

2025-11-17 09:02:51

According to SEIA data, more than 500 new projects are at risk of "stalling" because they have not yet received all the federal, state and local permits needed for deployment, including 73 GW of solar power projects and 43 GW of energy storage projects, totaling nearly 116 GW of new installed capacity.

2025-11-11 13:06:06

According to foreign media reports, on September 16, the Saudi Power Purchasing Company (SPPC) announced the launch of the seventh round of the National Renewable Energy Program (NREP) pre-qualification (RFQ) tender announcement for solar and wind energy projects.

2025-09-22 17:40:23

According to the Islamic Republic News Agency on September 22, Iran and China's photovoltaic enterprises signed a 7 GW solar module procurement agreement, which was funded by the Iranian National Development Fund.

2025-09-22 17:34:23

According to foreign media reports, on September 12, India's Ministry of New and Renewable Energy (MNRE) issued a draft amendment proposing to include solar wafers in the list of approved models and manufacturers (ALMM).

2025-09-16 18:02:27

It is reported that DEWA, located in Dubai Mohammed Bin Rashid Al Maktoum Solar Park, is in the bidding stage of the seventh phase of the project, which will build 2G W photovoltaic solar power plant and 1.4G W/8G Wh battery energy storage system. After completion, the project will become one of the largest integrated optical storage projects in the world.

2025-09-10 15:24:23

According to foreign media reports, the shares of Swiss photovoltaic company Meyerberg may be delisted from the Swiss Stock Exchange (SIX). According to the latest announcement of the SIX Group Regulatory Board, it has approved the delisting application submitted by the SIX Exchange Regulatory Authority (SIX Exchange Regulation).

2025-09-10 09:22:27

According to the China Trade Relief Information Network, on July 22, the European Commission announced that. Application filed on Apr. 18 and 19, 2025, by Interfloat Group, I. E, Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH, The second anti-dumping and countervailing sunset review investigation was launched on solar glass originating in China to examine the impact of dumping and subsidies on EU domestic industries if the existing anti-dumping and countervailing measures were abolished.

2025-07-28 17:56:47

Wood Mackenzie believes that the long-term outlook for renewable energy in the United States is facing a downward trend, and predicts that with the elimination of tax credits, the 10-year installed capacity of solar energy may fall by 17% to a low of 375 gigawatts of alternating current. In addition, the installed capacity of wind power will decrease by about 20% in 10 years, and the uncertainty in the future will further increase.

2025-07-15 11:12:56

According to foreign media reports, on July 1, local time, the U.S. Senate voted 51-50 to pass President Trump's comprehensive tax cuts and spending bill (known as the "Big and American" bill).

2025-07-02 17:30:07

According to Reuters, a senator in the U.S. Senate has proposed to completely eliminate tax credits for solar and wind energy by 2028 and extend tax credits for hydropower, nuclear power and geothermal energy favored by the Trump administration to 2036.

2025-06-17 18:13:23

Imperial Star Solar, a Cambodian contract manufacturer, plans to build a 1.5 gigawatt solar panel assembly plant outside Houston, Texas, which is expected to start production in September. The company also supplies a number of Chinese tier-one solar panel companies.

2024-02-18 10:03:15

Under the terms of two separate agreements signed by the two companies, First Solar is expected to receive a tax credit of $0.96 for every $1 of tax credits in the first half of 2024.

2023-12-28 15:55:37

On June 15, the launching ceremony of 2026 Hubei Energy Conservation Publicity Week was held in Han. Deng Xikun, Director of Cement Business of Huaxin Building Materials and Secretary-General of Provincial Cement Association, read out the Proposal for Energy Conservation and Carbon Reduction on behalf of Huaxin. As a benchmark enterprise of green low-carbon development in building materials industry, Huaxin will further cultivate carbon reduction technology, iterate green products, export industry standards, and promote the green transformation of the whole chain of building materials.