Grameen Shakti (GS) is one of the leading social enterprises in the world, founded by Nobel laureate Prof. Mohammad Yunus, with an aim of improving “Access to Energy” for the rural people of Bangladesh. Grameen Shakti so far installed more than 1.8 million Solar Home System (SHS), 35,000 domestic Biogas plants and disbursed 1 million Improved Cook Stoves which contributed to the environment by reducing nearly 250,000 MT of carbon annually.
To diversify its activities, GS has engaged in implementing other solar based solutions like Solar Roof-top, Solar Irrigation system & Solar Street Light etc. In recent time, with the transition in SHS program, Grameen Shakti started offering GS branded products in the SHS replacement market that includes Solar PV Module, Charge Controller, LED Light and other similar accessories. It also has started operating in the Electric Vehicle/Electric Rickshaw (EV/ER) battery market. In order to make it more inclusive, GS will introduce innovative PAYGo enabled model, which will make these batteries affordable to huge number of poor EV/ER operators. EV/ER significantly contributes to the reduction of GHG emission and promote green job in multiple sectors.
GS has taken a mega plan of installing 500 Solar Pumps, mostly for Irrigation in next 4 years, which can provide irrigation in 17,500 acre (approx) of land. This will create an impact by saving 375 MT diesel fuel and 2000 MT emission reduction, every year. In 2019, the company has taken initiative to install 50 pumps to kick-off the project.