Market trends & insights
News releases
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Off-grid Solar Could Provide First-time Electricity Access to Almost 400 million People Globally by 2030
Investment in off-grid solar must increase to $21 billion to electrify 398M people, as highlighted in the 2024 Off-Grid Solar Market Trends Report.
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Almost 9M solar kits sold in 2023, according to the new Global Off-Grid Solar Market Report
The report reveals that off-grid solar products have benefited 116 million people and avoided 109 million metric tons of CO2e, but sustainable sales growth is needed to reach 2030 targets.
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$425 million invested into the global off-grid solar sector in 2023, a 43% drop versus 2022
The sector would require 7x more investment to fulfil its contribution to universal energy access by 2030. On a more positive note, flows into productive uses of renewable energy grew 2.5X.
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New Global Off-Grid Solar Market Report shows record-breaking sales of solar energy kits
GOGLA affiliates sold 9.5 million solar energy kits in 2022, a 20% increase from the first half of the year & 18% higher than 2019.
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Global Off-Grid Solar Market Report shows 25% sales growth for solar energy kits versus first half of 2021
The latest semi-annual Global Off-Grid Solar Market Report shows that GOGLA affiliates sold 4.33 million solar energy kits, a 25% increase compared to a year ago. Sales of key appliances are also h...
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Off-grid solar expected to electrify 624 million people by 2030 but ‘game changers’ are needed to achieve universal a...
The Off-Grid Solar Market Trends Report 2022: Outlook published by the World Bank’s Lighting Global, the International Finance Corporation (IFC), GOGLA, Efficiency for Access Coalition, and Open Ca...
In the news
$21 Billion Investment Needed to Unlock Off-Grid Solar's Potential in Global Energy Access by 203...
21 billion increase in off-grid solar investment needed to facilitate universal energy access