Knowledge fuels change - Support energypedia!
For over 10 years, energypedia has been connecting energy experts around the world — helping them share knowledge, learn from each other, and accelerate the global energy transition.
Today, we ask for your support to keep this platform free and accessible to all.
Even a small contribution makes a big difference! If just 10–20% of our 60,000+ monthly visitors donated the equivalent of a cup of coffee — €5 — Energypedia would be fully funded for a whole year.
Is the knowledge you’ve gained through Energypedia this year worth €5 or more?
Your donation keeps the platform running, helps us create new knowledge products, and contributes directly to achieving SDG 7.
Thank you for your support, your donation, big or small, truly matters!
Publication - The State of the Global Mini-Grids Market Report 2024
►Add a New Publication
►See All Latest Publications
Key findings include:
- The number of mini-grid installations has grown six times since 2018.
Between 2018 and 2024 there was a significant decline in the share of diesel capacity in mini-grids, plummeting from 42% to 29%. In contrast, the share of solar PV systems has seen a remarkable increase, rising from 14% to 59% during the same period.
- There have been substantial increases in funding for the mini-grid sector over the past 15 years, with Sub-Saharan Africa being the primary recipient of funding from private investors, governments and development partners.
- Two key financial trends are evident: a significant rise in total committed funding, exceeding USD 2.5 billion in 2023, and a sixfold increase in private investment from less than USD 100 million in 2015 to nearly USD 600 million in 2022.
- The declining costs of mini-grid components, including PV modules, inverters, batteries, battery inverters and smart meters, have significantly enhanced the financial viability of mini-grid projects.
- Several governments are tailoring regulatory processes for different mini-grid scales to enhance flexibility and reduce costs.
- Cost recovery tariffs, using a cost-based formula for calculating revenue requirements, have become common in mini-grid markets, including countries like Ethiopia, Kenya, Nigeria, Tanzania and Zambia.
- Recommendations for further increasing financial commitments and disbursements for mini-grids include: making grants easier to access; de-risking investments through regulation and contracting; and enhancing efficiency and collaboration to boost disbursement rates of committed finance.
Admin:
No
PIE Grant (Grid Portal)?
