Institute of Renewable Energy, University of Dhaka was first established in 2011 with a view to conduct academic and research activities in the field of renewable energy as well as to develop skilled workforce for the emerging energy sector of Bangladesh.

Later in 2013, with the approval of the Syndicate (meeting held on 10.11.2013) of University of Dhaka, the name of the institute was changed to Institute of Energy.

From 2011-2012 session the institute is conducting MS in Renewable Energy Technology (MRET) course and from 2016-2017 Professional MS in Renewable Energy Technology (PMRET) course. The institute also offers M.Phil. and Ph.D. programs in Renewable Energy Technology for the students and conducts several short courses/training programs for the power sector of Govt. officials.

The institute organizes national renewable energy expo and publishes energy magazine/journal to promote and share the technical knowledge among the relevant stakeholders.