Connect with us

Hi, what are you looking for?

CleanTechnica
The World Bank will loan the government of Bangladesh enough to increase the number of the country's solar home systems by 480,000.

Cleantech News

480,000 New Solar Home Systems For Bangladesh

The World Bank will loan the government of Bangladesh enough to increase the number of the country’s solar home systems by 480,000.

The World Bank has offered to loan the Bangladeshi government $78.4 million in order to finance 480,000 solar home systems. This huge solar home systems project aims to install about 7,000 photovoltaic systems in Bangladesh every month. If it achieves this rate, it will be the largest of its kind in the world.

bangladesh

There are already 3 million home solar systems in the country, and they were installed because the World Bank provided the support. “Together, the government of Bangladesh and the World Bank is scaling up a program that delivered development results for millions of rural Bangladeshis This is a proven model that works. Investing in electricity in rural areas empowers both men and women, leading to increased income and growth opportunities, and reducing poverty,” said acting head of World Bank Bangladesh, Christine E. Kimes.

Nearly 60% of the Bangladeshi people do not have access to grid-connected electricity. The government has set a goal of 100% citizen access by 2021. Millions of people’s lives have been impacted in Bangladesh because of the addition of more solar PV power.

Benefits of Home Solar Systems

A World Bank paper concluded, “As for the benefits, adoption of a solar home system  improves children’s evening study time, lowers kerosene consumption, and provides health benefits for household members, in particular for women.  It is also found to increase women’s decision-making ability in certain household affairs.”

The fact that clean energy like solar has benefits in terms of quality of life and improved health sometimes gets lost in the mix. Opponents of clean energy have no alternative solutions to offer in such situations, so it seems that solar PV is a win-win in Bangladesh.

Jobs, Too

The solar benefits don’t end there though. Solar power is growing in Bangladesh, resulting in more jobs, “In the past 10 years, the number of solar systems in Bangladesh has jumped from 25,000 to 2.8 million,” according to IRENA. That in turn has created some 114,000 jobs, from assembling solar panels to selling, installing and maintaining them. In fact, the number of solar-related jobs nearly doubled between 2011 and 2013. “The numbers are set to increase further,” wrote the report’s  authors. (By comparison some 4 million people work in Bangladesh’s garment industry.)

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Hello, I have been writing online for some time, and enjoy the outdoors. If you like, you can follow me on Twitter: https://twitter.com/JakeRsol

Comments

You May Also Like

Clean Power

The International Renewable Energy Agency (IRENA) released a study on renewable energy policies for cities last month. The reason for the focus on cities...

Clean Power

A just transition to the 2035 decarbonization goal is achievable by planning ahead for the renewable energy workforce of tomorrow.

Batteries

Cassetex produces a solar-powered battery swapping service for electric 3-wheelers in Bangladesh. The Beam spoke with Gopal Kumar Mohoto, co-founder and CTO of Cassetex,...

Agriculture

ClimateLaunchpad*, the world’s largest green business ideas competition, held its 7th successful edition of the Global Grand Final from September 30th to October 2nd...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.