Off-Grid solar market trends report 2020 (Report summary)
The 2020 Off-Grid Solar Market Trends is an in-depth analysis on current market dynamics, projections for the coming five years, and a blueprint for how actors in this market can compete in a swiftly evolving industry ecosystem. The fifth in a series of biennial flagship publications for the global off-grid solar sector, published by the World Bank Group and the Global Off-Grid Lighting Association, (GOGLA) with support from the Energy Sector Management Assistant Program (ESMAP) sets the tone for the convening of approximately 1,000 industry leaders, financiers and government representatives by highlighting key industry trends, advances in technology, finance, policy, and social impacts.This year’s edition estimates that the off-grid solar sector currently provides lighting and other energy services to 420 million people, noting that industry has made tremendous strides in the past decade to help developing countries reach their energy access goals, accelerating the global Sustainable Development goal (SDG) 7.
