Utility-Scale Solar Development · South Asia

Powering Bangladesh's Renewable Future

Developing 150 MW of solar generation capacity in one of the world's fastest-growing energy markets. Government-backed PPA. Proven execution team. Extraordinary returns.

150MW
Flagship Project
20YR
Gov't PPA Term
~4YR
Capital Payback
25%+
Projected IRR
Request Investor Memorandum → View Project Details
$980M
Annual RE Investment Needed
170M
Population
7%
Annual Demand Growth
5%
Current Renewable Share
About Helious
Infrastructure-Grade Solar,
Venture-Scale Returns
Solar panels at golden hour
14+
Years Operating in Bangladesh

Helious is a U.S.-managed solar energy development company focused exclusively on utility-scale projects in Bangladesh and South Asia.

Our founder has operated in Bangladesh for over 14 years, building deep relationships across government, military, construction, banking, and logistics sectors. We are not entering a new market — we are deploying capital into a market we already know intimately.

We source Tier 1 solar equipment directly from Chinese manufacturers, engage proven local Bangladeshi EPC contractors, and secure long-term power purchase agreements with government or military entities.

If we build one, we can build as many as the market demands. And the market is demanding everything we can build.

Tier 1 Chinese Panels Local BD Contractors 20-Year Gov't PPA 10-Year Tax Holiday
The Opportunity
Why Bangladesh. Why Now.
Bangladesh needs $980 million per year in renewable investment through 2030 — and is delivering a fraction of that.
Vast solar farm from above
25,000MW
Peak Demand by 2030
20%
Renewable Target by 2030
5,238MW
Solar Tenders Floated
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Surging Demand

170 million people. Power demand growing 7% annually. Only 5% of installed capacity is renewable. The country is overwhelmingly dependent on imported fossil fuels, creating massive exposure to price shocks and supply disruptions.

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Investor-Friendly Policy

10-year corporate tax exemption. Maximum 5% import duty on solar equipment. VAT exemption on power generation. The government is actively courting foreign capital with streamlined approvals and fiscal incentives.

Solar panels in bright sunlight
Bangladesh is starving for renewable energy. Solar is now the cheapest source of new electricity in the country.
BloombergNEF Energy Analysis, 2025
Flagship Project
150 MW Solar Farm
Tier 1 Chinese panels. Local Bangladeshi construction. 20-year government PPA.
Solar panel installation at scale
260K
Solar Panels
223K
MWh / Year
$16M+
Annual Revenue
Q2 '27
Target COD

Technical Specifications

  • Module Technology TOPCon Bifacial
  • Manufacturer Tier LONGi / Trina / JA / Jinko
  • Module Rating 580–600 Wp
  • Module Efficiency 22.5–23.5%
  • Bifacial Yield Gain 5–15%
  • Degradation 0.40–0.45% / year
  • Land Required ~500–700 acres
  • Grid Connection Dedicated substation

Capital Structure — $55–65M

Positioned at $600–800/kW installed — consistent with current utility-scale solar pricing in Bangladesh and South Asia.

  • Solar Modules + Freight $18–20M
  • Inverters + Electrical BOS $8–11M
  • EPC Labor (Local BD) $9–12M
  • Grid / Substation $6–8M
  • Engineering + Legal $4–6M
  • Contingency (10%) $5–6M
Investor Returns
Three Scenarios, One Conclusion
Even in the most conservative scenario, full capital recovery occurs within 5.6 years.
Conservative
~18%
20-Year IRR
CAPEX$65M
PPA Tariff$0.070/kWh
Annual Net CF$11.7M
Payback5.6 years
20-Yr Return$185M+
Base Case
Base Case
~27%
20-Year IRR
CAPEX$60M
PPA Tariff$0.075/kWh
Annual Net CF$14.5M
Payback4.1 years
20-Yr Return$265M+
Optimistic
~33%
20-Year IRR
CAPEX$55M
PPA Tariff$0.080/kWh
Annual Net CF$17.3M
Payback3.2 years
20-Yr Return$330M+

Revenue secured by a 20-year government or military Power Purchase Agreement at $0.07–0.08/kWh. Bangladesh currently pays $0.08–0.10/kWh for new solar — our tariff is at or below market. The 10-year tax holiday eliminates corporate tax during the highest-revenue years.

Leadership
Execution, Not Theory
RR

Richard Rosenthal

Founder & CEO

Richard has operated in Bangladesh since 2012, building and managing sourcing operations, manufacturing relationships, and logistics networks across the country. His relationships span government, military, construction, banking, and import/export sectors.

Based in the United States, Richard manages international supply chains, investor relations, and strategic partnerships. He will lead the Bangladesh site visit in June 2026 to finalize PPA terms, land agreements, and government approvals.

Helious is backed by an on-the-ground Bangladesh team with deep local expertise in construction, permitting, and government liaison, plus established relationships with Tier 1 Chinese solar manufacturers for direct procurement.

14+Years in Bangladesh
2012Operations Since
Jun '26BD Site Visit
For Investors
Request the Full Memorandum
Qualified investors can request our confidential investor memorandum with complete financial projections, risk analysis, and project timeline. Or contact us directly at richard@helious.ai
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20-Year Government PPA

Contracted revenue stream backed by sovereign or military purchase agreement. Not speculative — contracted cash flows from day one.

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3.5–4.2 Year Payback

Full capital recovery in under 5 years in all scenarios. 20-year total return of 3x–6x invested capital.

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10-Year Tax Holiday

Bangladesh law provides full corporate tax exemption for renewable energy projects through 2030.

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Repeatable Platform

The first 150 MW proves the model. Bangladesh needs 750+ MW of new solar per year. Helious can become a multi-GW platform.

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Proven Execution Team

14+ years of operating experience in Bangladesh. Capital deployment into established infrastructure, not a first-time market entry.

Investor Inquiry

Complete the form and we'll send you our confidential memorandum.