Solar Energy and Bangladesh

Solar energy may be a good alternative to meet the present demand of electricity. In rural area in household and small consumer such as community clinic, village market and water pump may be derived by the solar energy. To encourage the solar energy in the office of Prime Minister of Bangladesh establishes solar plant, which meet the full demand of electricity. Bangladesh has set up a solar panel industries in country, which annual capacity is around 10MW only; it’s too small but first attempted to do such a challenging job. Few companies are working to provide solar energy to the villages in Bangladesh like Grameen Sakti. The companies are also interested to extend the service to the city dwellers. A problem of solar energy is at the front end of installation requires a large amount of money, which is an extra burden for rural people. In this situation, government of Bangladesh providing a long term loan to the solar panel provider company. They are providing at 15% down payment and 20 years for rest of payment in an installment in every month. 90% of the service holders are not satisfied at all.