German solar developer ib vogt GmbH has secured a power purchase agreement (PPA) for its 50-MWac/68-MWp solar farm project in Bangladesh. Sonagazi Solar Power Limited, sponsored by ib vogt, signed the agreement with the Bangladesh Power Development Board (BPDP) and Power Grid Bangladesh PLC.

Under the PPA, Sonagazi Solar will receive a fixed tariff of USD 0.1094 (EUR 0.102) per kWh for 20 years. The solar farm will be built in the north of the Chittagong District, near the Baraiyarhat 132/33kV grid substation, an area free from agricultural activity.

The plant will use high-efficiency bifacial solar panels on fixed-tilt substructures. ib vogt will manage EPC during construction and asset management once operational. The solar farm is expected to begin commercial operation in the second half of 2025.

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