Update Sep 01, 2012
Bangladesh receives an average daily solar radiation of 4-6.5kWh/m2, with solar power installed in nearly 870,000 homes in rural Bangladesh.
The government of Bangladesh plans to increase power generation capacity to 16,000MW by 2015, of which at least 800MW is expected to be from renewable sources. However, the country does not seem to be implementing enough policies to be able to achieve this goal in the foreseeable future.
On the one hand, Bangladesh has one of the highest VAT/taxes on solar accessories and raw materials. Conversely, Grameen Bank has initiated a green energy credit scheme, although with a 10% interest rate, it is not affordable to most installers.