Grameen Shakti is a renewable energy resources company based out of Bangladesh. They are a part of the Grameen family of companies, which has been working for decades to alleviate the burdens of poverty in developing countries. The Grameen Bank, one of their founding companies, has become world-renowned for their charitable work and for helping to establish groundbreaking programs focused on the needs of people.
In recent years, the Grameen Bank has financed and supported a number of projects aimed at removing social and financial barriers and creating opportunities for those less fortunate. Grameen Telecom is one such example. The central aim of this company is to provide collateral-free loans to rural villagers for use in establishing local communications networks. This model has become known as the Village Phone.
They have now committed significant resources to sustainable energy development. The cornerstone of this effort is the Photovoltaic Program. In Bangladesh, only 30% of the population is receiving energy from the electrical power grid. In this developing nation, the infrastructure to provide energy to every household simply doesn’t exist. ...