Publications

PUBLISHEDFebruary 29 2016
AUTHOR(S)World Bank
Off-Grid Solar Market Trends Report 2016

A lively read for companies, investors, governments, and other key players interested in the opportunities and challenges presented by the dynamic off-grid solar market. The report tracks the groundbreaking technological advances and innovative business models which have emerged to transform the lives of millions through affordable modern solar energy services. This is the third in a series produced by the World Bank Group’s Lighting Global Program since the young industry’s emergence seven years ago. Written in collaboration with Bloomberg New Energy Finance, and in cooperation with the Global Off-Grid Lighting Association, the report provides a comprehensive view of the state of one of the most impactful sectors in the global economy today.

  • 1.2 billion people without access to the power grid
  • $27 billion spent annually on lighting and mobile-phone charging technologies
  • 89 million people in Africa and Asia with improved access to energy by using off-grid solar products
  • $276 million invested in the off-grid solar industry in 2015, a 15-fold increase since 2012
  • $3.1 billion market opportunity for the off-grid solar industry by 2020, reaching 99 million households
Citation

World Bank. 2016. Off-Grid Solar Market Trends Report 2016. Bloomberg New Energy Finance and Lighting Global, an innovation of the World Bank Group in cooperation with Global Off-Grid Lighting Association. Washington, DC: World Bank Group. http://documents.worldbank.org/curated/en/197271494913864880/Off-grid-solar-market-trends-report-2016

Users also downloaded
This report presents detailed case studies of what happened to isolated mini grids in Cambodia, Sri Lanka, and Indonesia when the main grid reached their villages.
February 06, 2019
Despite offering huge economic returns, implementing energy efficiency measures encounters widespread and systemic barriers. One solution is developing effective and scalable financing and…
September 03, 2018
The objective of this good practice note is to outline the ingredients of an assessment of the fiscal impacts of energy subsidies in an economy from the aggregate fiscal perspective of the government…
July 06, 2018
This note provides guidance on the different economy-wide modeling tools that can be utilized to quantify the economic effects of energy subsidy reform.
June 01, 2018