off-grid solar

Off-grid solar is helping provide power to those most in need, but new ideas are needed to plug the sector’s multi-billion funding gap.

PV Tech spoke to Bboxx chief commercial officer Amaury Fastenakels about the company’s work in 2024, and what it can expect in 2025.

Investment in off-grid solar will be essential to provide electricity to 398 million people who are expected to be in energy poverty by 2030.

Figures from US research firm Rystad Energy suggest that the world will need to invest US$3.1 trillion into grid infrastructure before 2030.

A total of about 8.5GW of solar capacity was added in the first three quarters of 2023 in India, down by 25% year-on-year.

Investment in the off-grid solar sector hit a record US$450 million in 2021, according to the latest report from the Global Off-grid Lighting Association (GOGLA).

Off-grid solar specialist Sun King has raised US$260 million in a Series D funding round aimed to expand global access to affordable solar energy across Africa and Asia.

Liam Stoker reports from the halls of COP26, where the likes of US energy secretary Jennifer Granholm and highlighted the need for an all-encompassing but just and equitable energy transition, and explores the role for solar PV.