Energy is a crucial commodity to the development of any activity. Yet only 30% of the Bangladeshi population has access to it. The remaining majority still relies on costly and environmentally hostile alternatives such as kerosene.
Our project is to expand the use of solar energy which is a cost effective and environmentally friendly solution source of energy. ICMSE’s goal is to provide this source of energy in an effective and affordable manner. To this aim, ICMSE plans to build local production plants for PV modules with the technical assistance of INES meanwhile offering micro-lending services to guarantee accessibility to the lower segments of the population. Effectively the supplementation of this project, in combining technical expertise and microcredit techniques will provide a high quality product accessible to a higher proportion of the Bangladeshi population. The generalization of solar energy could have numerous ameliorative impacts on the Bangladeshi society, namely: An increase in purchasing power derived from a reduction in energy costs, an expansion of business activities in areas previously limited by power shortages and environmental preservation.
The social, economical, and environmental impacts of this innovative project and the magnitude of its impact on rural and micro businesses makes it very promising.