In response to demand from investors, manufacturers, distributors and other players in the off-grid solar industry, The Global Off-Grid Lighting Association (GOGLA) and the World Bank’s Lighting Global program have joined forces to produce the “Global Solar Off-Grid Semi-Annual Market Report” covering July to December 2015.
According to the report, during the second half of 2015, over 4 million off-grid branded and quality verified solar-powered devices were sold, with Sub-Saharan Africa and Asia accounting for nearly 95% of sales.
The new report gathers semi-annual product sales data, allowing for a systematic identification of key trends, analytical insights and other valuable market intelligence for the sector.
In addition, and for the first time, data on revenues is included, providing for a more complete picture of pico-PV products and solar home systems during this period.
Over the last 3 years, 27 million people have benefited from solar-powered off-grid products
There are 1.2 billion people worldwide without access to the power grid, and they spend about USD 27 billion every year on both phone charging and lighting with kerosene, candles, battery torches or other fossil fuel-powered technologies.
Solar-powered portable lights and home kits offer a better, cleaner service at lower cost. The key to understanding the development of this fast-growing market is quality, nuanced data.
A full analysis of the social impact results of these sales will follow soon, but over the last 3 years, 27 million people have benefited from such products.
Moving forward, this new and ongoing market intelligence not only helps industry members and financiers to make informed decisions, but it also strengthens the case for the developmental impact made by the sector – critically important for governments, investors and donor agencies.
source:http://www.solarserver.com
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