Featured in Huawei Special Edition 2020

Going off-grid

The global market for off-grid applications is enormous. Wood Mackenzie recorded roughly $2.1 billion in investment in offgrid energy markets from 2010 to 2019, and that was just based on what investors revealed. The analysts believe that with 420 million people now using standalone off-grid PV and an additional 47 million people depending on minigrids to obtain electricity, the decade ahead offers a huge opportunity. And Huawei is stepping in to support the microgrid market.

By

pv magazine

25 Jun 2020

Photo: Huawei

More than 850 million people throughout the world still lack electricity, according to the International Energy Agency (IEA). But microgrids can play a critical role in expanding access. And while diesel-based microgrids are still the most common setup globally, solar-backed systems have become increasingly common in recent years.“Off-grid deployments will take an increasingly larger bite …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.