STORY HIGHLIGHTS
- The off-grid solar sector has expanded into a $1.75 billion annual market serving 420 million users over the past decade and continues to grow.
- As the sector matures and productive use of off-grid solar solutions such as solar water pumps, cold storage and other products servicing public institutions become natural expansion areas, companies are increasingly focused on its financial sustainability.
- To achieve universal access to electricity by 2030, the off-grid solar sector would need to serve as many as 132 million households, which in turn would require between $6.6 billion to $11 billion in additional financing.
“I like work, it fascinates me,” said Jerome K Jerome. “I can sit and look at it for hours.” We concur with the author of “Three Men in a Boat’, a novel which so fascinated Late Victorian England that, within a year of publication, the number of vessels on the River Thames had doubled.
Netherlands for the World Bank 
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