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By 2023, off-grid solar solutions provided electricity to 560M people, needing more investment to help 398 million in energy poverty by 2030.

By the end of 2023, off-grid solar solutions helped deliver electricity access to 560 million people worldwide, and further investment in the sector will be essential to provide “the most cost-effective” way to provide electricity to around 398 million people, almost 60% of those who are expected to be in energy poverty by 2030.

These are the headline takeaways from a report published by the World Bank’s Energy Sector Management Assistance Program (ESMAP) and the Global Association for the off-grid solar energy industry (GOGLA). The study, ‘Off-grid solar market trends report 2024’, finds that the number of people living in energy poverty reached 685 million in 2022, and that, based on current trends, 660 million people will have no access to electricity by the end of the decade.

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Source: PV Tech

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