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The 2018 Global Off-Grid Solar Market Trends Report

The 2018 Global Off-Grid Solar Market Trends Report

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The 2018 Global Off-Grid Solar Market Trends Report is the fourth report in a biennial series established over the past 8 years as the report of record for the off-grid solar industry. While the Lighting Global/GOGLA franchise of six-month market updates (H1 2017, H2 2016) serve as the go-to source of information for investors, industry members, policymakers, and other stakeholders in the off-grid solar space, the flagship Market Trends Report provides an opportunity to step back for reflection on long-term trends, challenges and opportunities—illuminating a path forward for the sector. The 2018 publication takes stock of the industry across six axes: market fundamentals, sales, the competitive landscape, finance, the enabling environment, and impact. It provides in-depth analysis on current market dynamics, projections for the coming five years, and a blueprint for how actors in this market can compete in a swiftly evolving industry ecosystem.

The numbers in the report reflect a dynamic young industry that is altering the economic landscape of developing countries while delivering unprecedented development impact. However, the real story of the sector lies in the transformative power of innovation as revolutionary new business models and disruptive technologies continue to emerge across the market. This report provides a compelling view under the hood of that dynamic machine and casts a light on what may lie around the corner.

The report officially launched at the 2018 Global Off-Grid Solar Forum and Expo, which took place January 22-24 in Hong Kong. Held for the first time in East Asia, the event convened over 500+ industry stakeholders including manufacturers, distributors, investors, entrepreneurs, donors, and policymakers. The event also served as an opportunity for 50 companies to showcase their latest off-grid solar products, services, and innovations at the industry’s leading exhibition.

Source: lightingglobal.org

Anand Gupta Editor - EQ Int'l Media Network

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