India, Bangladesh hold 97% renewable energy market

Five countries, including India and Bangladesh, lead the world in solar home lighting systems and the two south Asian nations together account for 97 per cent of the renewable energy market in the region, says an international body report.

The other three leading countries are Kenya, Tanzania and Ethiopia — all in Africa.

Quoting cumulative sales data compiled by the Global Off-Grid Lighting Association and Bangladesh’s Infrastructure Development Company Ltd, the report — entitled “Decentralised Renewables: From Promise to Progress” and released on Tuesday by ‘Power for All’ — said India and Bangladesh account for 97 percent of solar home system and pico-PV adoption in South Asia.

Kenya, Tanzania and Ethiopia account for 67 percent of adoption in sub-Saharan Africa.

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