Wednesday, May 2, 2012

Drivers For Off-Grid Solar Market Growth


Drivers For Off-Grid Solar Market Growth

By  • Jan 20th, 2012 • Category: Smart EnergySolar PhotovolticSolar-Energy
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The potential for off-grid solar is not only large, but is growing rapidly. The five major drivers that are influencing the growth of the off grid solar industry is elaborated in this  blog:

Lagging grid growth
The importance of grid growth as a driver for solar lighting demand varies by region, with rapid grid growth likely in select geographies and very slow grid growth seen in many special category states and rural regions. Grid penetration typically needs to grow by over 2% a year to counteract the effect of population growth – in practice this means that even substantial investments into the grid will leave a sizable population with no access to electricity.

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