The Off-Grid Solar Market Trends Report 2022: State of The Sector report — the first in a two-part series published by the World Bank’s Lighting Global, the International Finance Corporation, GOGLA, Efficiency for Access Coalition, and Open Capital Advisors — shows that the off-grid solar industry remained resilient despite the challenges presented by the pandemic. Today, 490 million people are accessing energy through off-grid solar solutions, an 18% increase since 2019. However, 733 million people around the globe still do not have access to electricity.
Download the ‘State of the Sector’ report to learn the latest off-grid solar industry trends and insights, including on the competitive landscape, technological innovation, socioeconomic and environmental impacts, enabling environment and investment. The report also includes a core focus on the productive use of energy.
Download the Executive Summary HERE
Download the Full Report HERE
Key findings from the State of the Sector report, and more details about the Off-Grid Solar Market Trends Report series, can also be found below. The second part of the Off-Grid Solar Market Trends Report 2022: Outlook, will be launched on the 18th October at the Global Off-Grid Solar Forum and Expo in Kigali, Rwanda.
Off-Grid Solar Market Trends Report 2022: State of the Sector: Key Findings
About the Market Trends Report
Every two years the World Bank Group through its Lighting Global program jointly with GOGLA produces the Off-Grid Solar Market Trends Report (MTR). Over the past decade, the biennial MTR has been the anchor of the Lighting Global/GOGLA franchise of market data and trends reports, which are the go-to source of sector information for investors, industry members, policymakers, and other stakeholders in the sector. The series includes semi-annual reports that track sales and impact results by country, region, and worldwide for VeraSol quality-verified and other branded solar devices sold by GOGLA affiliates. The MTR is where we step back and distil the main trends and offer an in-depth analysis of developments likely to have the largest impact on the future of the off-grid market and its contribution to electricity access targets
The 2022 report, which is the sixth edition, is split into two parts. The first report focuses on the ‘State of the Sector’ and provides insights into key trends in the off-grid solar sector over the past two years, including business models, technologies, competitive landscape and funding. The second report ‘Outlook’ will profile the potential of the industry to help meet development goals and explores trends and drivers that must be enhanced and addressed to drive electricity access.
The product scope of the MTR has traditionally been solar energy kits, including household appliances. This time, it includes a substantive focus on the productive use of energy (PUE), in partnership with the Efficiency for Access Coalition.