On August 3, Zhengtai Xinneng and Bangladesh SR Renewable Energy formally signed a memorandum of cooperation (MOC) in Haining, Zhejiang Province, and reached a strategic cooperation intention for the supply of 337 MW photovoltaic modules.

According to the memorandum of cooperation, Zhengtai Xinneng will supply a total of 337 MW photovoltaic modules to SR Renewable Energy from 2026 to 2028. It is used for the construction of photovoltaic projects such as industrial and commercial projects and large-scale ground power stations in Bangladesh. The two sides agreed that after the formal signing of the procurement and supply agreement, Zhengtai Xinneng will provide SR Renewable Energy with comprehensive support including technical support and marketing activities.
It is noteworthy that Bangladesh's demand for electricity has continued to grow in recent years, and there is a broad space for the development of renewable energy . According to Bangladesh's Renewable Energy Policy 2025, the country has made it clear that renewable energy supply will cover 20% of the country's electricity demand by 2030 and 30% by 2040.
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