Value generation with rural mini-grids
Commercial mini-grids: To provide electricity access for all by 2030, the International Energy Agency estimates mini-grids will provide power to one third of the 1.1 billion people without electricity. Powering equipment that can generate income for rural villagers is hailed as one of the most important ways of enhancing rural mini-grid bankability. Rural mini-grid companies today are working with communities to understand what income-generating equipment, called productive uses of electricity, can make viable businesses.
A powerful virtuous cycle is created when rural mini-grid developers power equipment that can increase a customer’s income. In an ideal situation, the boost in the customer’s income more than covers the operating cost of the equipment, and the resulting profit allows the customer to afford additional services powered by the mini-grid. This scenario is …
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