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PUBLISHEDOctober 8 2024
AUTHOR(S)ESMAP
Off-Grid Solar Market Trends Report 2024

The Off-Grid Solar Market Trends Report Series has become the go-to source of data and analysis on the off-grid solar sector for investors, industry members, policymakers, and other stakeholders. Released every two years, this 7th edition in the series covers 2022 and 2023, a period during which the market has shown remarkable resilience despite facing numerous global challenges.

The latest Off-Grid Solar Market Trends Report (MTR) 2024, warns that a 6-fold increase over current investment levels - or $21 billion - is required to realize off-grid solar’s potential to contribute to universal energy access, or this opportunity will be missed. Under the current trajectory, 660 million people are projected to still be without electricity by 2030.

Read the Press Release.

Click here to further explore the MTR microsite and AI chatbot at mtr.esmap.org   

Citation

Energy Sector Management Assistance Program (ESMAP). Off-Grid Solar Market Trends Report 2024: Outlook (English). Washington, D.C. : World Bank Group.

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