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Off-Grid Solar Market Trends Report 2022 State of the Sector

Off-Grid Solar Market Trends Report 2022 : State of the Sector

  • File Details
  • Size: 25MB
  • Creator / Author: Joan Addedis
  • Resource Type: Africa Capacity Report
  • # Download: 254
  • Access: Open to Download

January, 2022

Basic Information
Creator / Author
World Bank
Source / Publisher
World Bank
Resource Type
Number of Pages
162
Geographic & Audience Details
Classification & Domains
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Abstract

For more than a decade, the biennial Off-Grid Solar (OGS) Market Trends Report (MTR) has been the anchor of the World Bank Lighting Global/GOGLA franchise of reports. They are the go-to source of OGS sector information for investors, industry members, policymakers, and other stakeholders. 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. Each MTR offers a deep dive into trends in the sector, alongside new research and data, to deepen understanding among market players and illuminate the pathway forward. To further improve readability, the 2022 MTR is, for the first time, in two parts. This first report will focus on the State of the Sector, while the second report, to be published in October 2022, will provide an Outlook to 2030. The State of the Sector report 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 Outlook to 2030 will profile the potential of the industry to help meet development goals, and to explore trends and drivers that must be enhanced and addressed to drive electricity access.
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