German–Bangladesh firms sign mou to expand solar cooperation
A Memorandum of Understanding (MoU) was signed on 13 November, 2025, between Germany's RAAC Solar and Bangladesh's Safari Trade International.
The signing ceremony was attended by Md Abdur Razzaque, CEO of Safari Trade International, and Juergen Raach, managing director of RAAC Solar.
The agreement marks the beginning of long-term cooperation between the two companies in rooftop solar project implementation, technology transfer and the wider renewable energy sector.
Safari Trade International is a diversified business conglomerate in Bangladesh, comprising Safari Renewable Energy, Safari Waterproofing, Safari Engineering, Safari Fire Safety Engineering and Safari Trading. For the past thirteen years, the company has been active in the renewable energy sector at both government and private levels, developing specialised expertise in installing solar irrigation pumps and pure water supply systems.
RAAC Solar, meanwhile, has extensive experience in the design and implementation of rooftop solar systems, with strong engineering capabilities that have positioned the company as a trusted name in Europe's renewable energy industry.
Under the MoU, both organisations will collaborate to jointly implement rooftop solar projects in Bangladesh, facilitate technology and skills exchange, train local technicians, promote local assembly and manufacturing of solar components and introduce smart energy solutions.
Commenting on the partnership, Md Abdur Razzaque said, "This partnership will synergise German technology with our local expertise. It will make a significant contribution to Bangladesh's renewable energy sector and create green jobs."
RAAC Solar managing director Juergen Raach said, "We are proud to share our technology and experience with the Bangladeshi market. We believe this cooperation will support Bangladesh's sustainable energy future and help achieve the renewable energy goals set by the Government of Bangladesh."
The collaboration aims to expand the use of solar energy across industrial plants, commercial buildings, public and private high-rises and other large infrastructures, with the goal of reducing pressure on the national grid and lowering carbon emissions.