The Solar Energy Revolution Everyone’s Ignoring… Is In Bangladesh
We put a lot of cyber ink into the German, Australian, US, Chinese, Indian, Chilean, and Japanese solar energy revolutions. However, I think the Bangladeshi solar revolution is one we don’t write about enough. One of the biggest reasons for that is probably that it doesn’t compare to the others on a total capacity basis. However, that doesn’t mean the market isn’t huge.
In July, we did write about a $78.4 million World Bank loan offered to the Bangladeshi government to finance 480,000 solar home systems. Assuming 5.6 people per household (that’s apparently the average), that’s solar power for 2.688 million people. However, this isn’t the beginning of Bagladesh’s solar revolution at all.
By the end of 2010, Grameen Shakti had already installed over 500,000 home solar power systems (or 518,210, to be more exact). Using the same people-per-household assumption as above, that’s solar for about 2.9 million people. But that was years ago….
Now, Grameen Shakti (a nonprofit organization based in Bangladesh) has brought solar power systems to about 1.5 million Bangladeshi homes, or about 8.4 million people!
Visit to read the full story: http://cleantechnica.com/2014/10/25/solar-energy-revolution-everyones-ignoring-bangladesh/