Market for Solar Home Systems (SHS)

From energypedia
Revision as of 10:58, 8 June 2018 by ***** (***** | *****)

Overview

In 2000, about 1.3 million households in developing countries used solar home systems (SHSs)[1].

In 2018, the number grew to over 4 million households. This equals a annual growth of 23% since 2012.[2] The sector’s growth since 2010 has been impressive.[3]

McKinsey expects up to 150 million households will benefit from SHS by 2020 (market potential). In order to realise this market potential five factors are critical (off-grid regulation, business environment, logistics and channels, affordability and WTP, ease of payment). Countries have differnt state of readiness

Solar Home System (SHS) Markets by Country (2015)

The most mature off-grid PV markets exist in:

Kenya and China are by far the fastest growing markets, with annual growth rates of 10% – 20% in recent years.

Manufacturing

Many of these countries also manufacture components for SHS, such as batteries, controllers, and lights. In 2002, PV module manufacturers existed in:

PV cells are manufactured in:

In recent years, the manufacturing base in China has grown exponentially. Gabler (2008) and Photon (2008) estimate for 2007 that newly installed off-grid PV capacity in developing countries lies at around 50 MWp per year (compared to 150 MWp global annual market volume for off-grid PV – including off-grid PV for recreational uses and industry, such as telecom repeaters, worldwide).

System Prices

At system prices of about 10 €/Watt, total turnover in developing countries can be estimated to account for 0.5 € billion. (2015)

Further Information



References

  1. ↑ Nieuwenhout, 2002
  2. ↑ https://www.mckinsey.com/business-functions/sustainability-and-resource-productivity/our-insights/bringing-solar-power-to-the-people?cid=other-soc-twi-mip-mck-oth-1806&kui=PiQI4cNVIZ9q_0gdXVJsnQ
Retrieved from "https://energypedia.info/index.php?title=Market_for_Solar_Home_Systems_(SHS)&oldid=259354"