Banks have gradually increased investments in clean and renewable-energy technology, which was beyond conventional banking a few years ago.
Total investments in the alternative energy sector stood at Tk 71 crore till November 2011, according to Bangladesh Bank (BB) data. Of the investment, BB refinanced Tk 25 crore from its Tk 200 crore fund and the rest was lent by banks.
Trust Bank financed Tk 15 crore to set up 500 biogas plants in Gazipur, Manikganj, Natore, Tangail and Barisal in less than two years. The bank aims to take the total number of plants to 1,000 by June.