Off-Grid Solar Raised $457 Million In 2021
GOGLA: Off-Grid Solar Needs Patient Equity To Unleash Full Potential
The global off-grid solar sector returned to growth having attracted $457 million worth of investments in 2021 with 44% annual improvement and $130 million more than in 2020, according to the Global Off-Grid Lighting Association (GOGLA), taking total.
Off-Grid Solar Market Now Worth $1.75 Billion
World Bank & GOGLA Report Says Sector Requires Up To $2.2 Billion In Over Next 5 Years To Reach 823 Million Users By 2030
With an annual growth of 30% between 2017 & 2019, the off-grid solar industry has grown to become a $1.75 billion market with more than 180 million in off-grid solar units having been sold globally and 420 million users, according to the 2020 Off.
Snowy Hydro Signs Up 888 MW Wind & Solar Power
Australia’s Snowy Hydro To Procure Renewable Energy From 888 MW Wind & Solar Power Plants In New South Wales And Australia; Lightsource BP Secures 105 MW PV Capacity
Among the winners of the 888 MW wind and solar power projects contracted by Australia’s Snowy Hydro, UK based Lightsource BP says it will develop 105 MW ground mounted solar installation to be fully funded, constructed and maintained by the UK company.
