Making renewable energy a success in Bangladesh: getting the business model right
This paper analyzes the success of the solar home system program in Bangladesh, which today provides clean, reliable electricity to more than 16 million rural households in off-grid areas. It describes the impact and benefits of the program; various components of the adopted technology, warranties, and disposal aspects; and highlights the price fluctuations of its components in the global market. The report outlines how the program’s business model was the main success factor for its immense scalability. The final section looks at the business model of the program, its current challenges, and other renewable energy applications.