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Microfinance for Solar Home Systems

The Bangladesh Solar Homes Programme aimed to expand energy access in the country, in line with the UN’s Millennium Development Goals. The country has a great number of homes which are not connected to the grid, and decentralised energy solutions were seen as a good way to electrify rural areas. The programme was providing demand subsidies and concessional microloans, making solar energy installations affordable for households. As a result of the programme, Bangladesh has the fastest growing off-grid solar PV home system program in the world.