Publication - Global Off-Grid Solar Market Report: Semi-Annual Sales and Impact Data

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Title

Global Off-Grid Solar Market Report: Semi-Annual Sales and Impact Data

Publisher

Global Off-Grid Lighting Association (GOGLA)

Author

Global Off-Grid Lighting Association (GOGLA), Barenschot & Lighting Globa

Published in

October 2018

Abstract

Every six months, GOGLA and The World Bank Group's Lighting Global program publish the Global Off-Grid Solar Market Report. The market intelligence series is based on sales data collected from GOGLA members and Lighting Global associates. The global market share of these affiliates is around 30% for pico products (<11 Wp) and 60-80% for larger systems.

January - June 2018 Global Off-Grid Solar Market Report:

-During the first half of 2018, 3.7 million off-grid solar products were sold globally by participating companies. That’s a 4% increase compared to the same time a year ago, representing a modest growth for the sector.

-Consumers increasingly purchase larger systems. The sales volume of solar home systems with a capacity of 11 watt peak or higher has steadily increased in each reporting round - in the first half of 2018, this number reached more than 395,000 systems.

-Cash products sold from January to June 2018 had a value of $108 million, while pay-as-you-go products reached a value of $110 million.

-The new report also demonstrates the growing impact of off-grid solar, building on the recently revised GOGLA Impact Metrics.

URL

link to the document

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