Joules Power to install 3.1MWp rooftop solar unit
FE REPORT | Monday, 16 March 2020
Country's largest solar power producer Joules Power Ltd on Sunday signed a deal to install facilities for generating 3.1-MWp (Mega Watt peak) rooftop solar electricity.
The electricity will be generated on 32,886 square metres of rooftop area of several buildings of Robintex Group at Rupganj in Narayanganj district.
The project will be implemented within nine months under the 'Opex model' - where the builder will invest some US$ 1.7 million.
Joules Power managing director Nuher Latif Khan and Robintex director Robin Razon Sakhawat signed the deal on behalf of their respective companies in the capital, says a press release.
Officials at Joules Power Ltd said they have a target to produce some 30 megawatt of rooftop solar power by 2021 and "be a market leader".
In September 2018, Joules Power's 20-megawatt solar power plant started commercial operation in Teknaf.