Solar Pico PV Market Potential in Nepal
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Solar Pico PV Market Potential in Nepal
Title of Document | Solar Pico PV Market Potential in Nepal |
Abstract | The market for solar lighting products has evolved tremendously over the past few years. Initiatives like Lighting Africa and Asia have exhibited the immense potential of the solar lighting market in Africa and South East Asia. This growing market has been typified by a very rapid sales growth, an increased preference for and availability of quality products, continued entry of new manufacturers and distributors, growing consumer awareness and confidence, remarkable improvements in performance, and innovation in business models.
Despite this success, penetration of solar Pico PV is still estimated at about 4 % of off-grid households in Africa, less than 5 % in developing Asia and in Nepal it is less than 40,000 deployments of solar Pico PV in last two decades. This scenario is leaving significant room for growth. |
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Original Source | SNV |
Year | 2015 |
Region/Country | South Asia - Nepal |
Language(s) | English |
Document Type | Other - Publication |
Technology | Solar Photovoltaic (PV) |
Connection Type | Pico-grid |