Off-Grid Energy Investment at $2.1 Billion in the Last Decade: Wood Mackenzie
By Debjoy Sengupta
Close to $2.1 billion in cumulative disclosed corporate-level investment was deployed into off-grid energy access markets between 2010 and 2019, Wood Mackenzie has estimated.
Off-grid refers to power generated and consumed locally either on a standalone basis or through a mini-grid.
Wood Mackenzie estimates 420 million people now use standalone off-grid solar and another 47 million people rely on mini-grids for access to electricity.
Photo courtesy of Marufish.