Subsidy Funding | Activity Status: Active

Scale-Up for Bangladesh Rural Electrification and Renewable Energy Development

Overview

The Scale-Up for Bangladesh Rural Electrification and Renewable Energy Development aims to increase access to clean energy in rural areas through renewable energy. The GPOBA grant buys down the capital cost of renewable energy in order to make the investment affordable to poor in rural, remote areas of Bangladesh. The renewable energy program is implemented by the Infrastructure Development Company Limited (IDCOL), a government owned infrastructure finance company in partnership with partner organizations and partner sponsors. This grant supported installation of 497,608 solar home systems (SHSs), benefitting over 2.2 million people, and 41 solar irrigation pumps (SIPs), benefitting 1,356 poor farmers, as well as a 100 kW mini-grid, supplying energy to 253 poor rural households.