Subsidy Funding | Activity Status: Closed
Bangladesh Rural Electrification and Renewable Energy Development - Mini Grid Project
Overview
Less than half of Bangladesh’s population has access to grid electricity and in rural areas, where most of the population lives, the percentage is even lower. The Rural Electrification and Renewable Energy Development (RERED) project has used an output-based approach to increase electricity access in rural communities across Bangladesh. The project provides off-grid electrification based on renewable energy, such as solar home systems (SHS), and offers output-based aid subsidies to reduce the cost of the SHS for consumers who cannot afford to pay for the service.
Results
2,184
Mini grid and solar water pumps
8,500
Number of beneficiaries