Renewable Energy Council Asia-Pacific (RECAP)

Will another FSRU solve Bangladesh's energy crisis? Expanding LNG import capacity alone is unlikely to solve Bangladesh's energy crisis. Without major domestic gas discoveries, greater reliance on imported LNG could make the country's energy system more expensive and vulnerable to global market shocks. Before the 2026 Hormuz Strait Crisis (PHC-26), Petrobangla's weighted gas sales cost (WGSC) was approximately Tk 27/m³, based on around 1,800 MMCFD of domestic gas and 933 MMCFD of imported LNG. Adding a 600 MMCFD offshore FSRU would increase the WGSC to around Tk 33.5/m³. If LNG prices rise by just 25% above the pre-crisis level—still below current international prices—the WGSC would increase further to approximately Tk 42.7/m³ with one additional terminal. If Bangladesh meets its projected 1,130 MMCFD gas shortfall entirely through LNG using two offshore FSRUs (600 + 500 MMCFD), the WGSC could reach around Tk 52.1/m³. Meanwhile: • Power plants currently pay only Tk 15.5/m³ for gas. • Industrial consumers pay Tk 30/m³. This widening gap highlights a structural challenge. As LNG dependence grows, industrial gas costs are likely to increase unless Bangladesh makes significant new domestic gas discoveries. Rising energy input costs will reduce industrial competitiveness, weaken productivity, and limit the effectiveness of broader economic growth strategies. If domestic gas discoveries remain limited, industries should diversify their energy sources rather than relying solely on imported LNG. One practical pathway is to accelerate utility-scale and consortium-based solar PV combined with Battery Energy Storage Systems (BESS). Shared merchant renewable energy projects can overcome land constraints, benefit from economies of scale, reduce exposure to LNG price volatility, and strengthen Bangladesh's long-term energy security and industrial resilience. Energy security cannot be built on imported fuel alone—it requires a balanced strategy combining domestic resources, renewable energy, storage, and efficiency.

Australian battery companies - Detroit is calling. Expressions of interest are now open to join the official Australian delegation to The Battery Show North America, Detroit, 12–15 October 2026. Delivered by Australian Trade and Investment Commission (Austrade) in partnership with the Smart Energy Council and CSIRO, the delegation connects export-ready Australian energy storage companies with buyers, partners and investors at one of the world’s largest advanced battery events - 16,000+ attendees and 1,300+ exhibitors across the full battery value chain. Australia has a growing role in resilient, diversified battery supply chains - and this is the place to show it. EOIs close 30 July 2026. Register your interest: https://hubs.ly/Q04pJB2p0 #Batteries #EnergyStorage #Austrade #TeamAustralia Renewable Energy Council Asia-Pacific (RECAP)

India's clean energy journey continues to accelerate 🇮🇳 India's renewable energy capacity has reached 288.58 GW, nearly quadrupling since 2014, reinforcing the nation's commitment to a cleaner, greener and more resilient future. Key milestones: ⚡ 288.58 GW Renewable Energy Capacity 🌍 297.36 GW Total Non-Fossil Fuel Capacity ☀️ 162.15 GW Solar Power 🌬️ 57.44 GW Wind Power 💧 57.24 GW Large Hydro 🌿 11.75 GW Bio Power Backed by ₹12.32 lakh crore in domestic investment and US$45.72 billion in FDI, India's energy transition continues to gather remarkable momentum. As the voice of India's renewable energy industry, NSEFI remains committed to advancing policies, fostering innovation, and accelerating the nation's transition towards a sustainable and self-reliant energy future. Read More- https://lnkd.in/gVbJpaqz #RenewablesForViksitBharat #CleanEnergy #RenewableEnergy #SolarEnergy #EnergyTransition #NetZero #NSEFI #ViksitBharat #GreenGrowth #SustainableFuture

"We need to learn how we can make food production more climate resilient while also generating clean solar power efficiently."  This is one of the key messages from Jochen Hauff’s recent interview with The smarter E. For too long, the conversation has framed land use as a choice between agriculture and renewable energy. Agrivoltaics (Agri-PV) challenges that assumption by demonstrating that, when designed well, land can support both food production and clean electricity generation. As Jochen explains, unlocking the full potential of Agri-PV requires more than deploying solar. It calls for closer collaboration between the energy and agriculture sectors, clearer definitions and standards, improved market data, and policy frameworks that enable farmers and developers to work together. That is why the Global Solar Council (GSC) has launched the Agri-PV Task Force to bring together industry experts, member association and partners to improve transparency, address regulatory barriers, share global best practices and help scale Agri-PV responsibly around the world. Read Jochen's full interview with The smarter E to learn more about the opportunities and the work underway to advance Agri-PV globally: https://lnkd.in/dmphpzEB Find out more about GSC's Agri-PV Task Force here: https://lnkd.in/dm-V7kj8 #AgriPV #SolarEnergy #EnergyTransition #Agriculture