The Chinese Edition of IEC Standards Released

…ff-grid solar energy for the 840 million people living without electricity worldwide. Lighting Global – managed by IFC and the World Bank – works with manufacturers, distributors, governments, and other development partners to build and grow the modern off-grid solar energy market. Our programs are funded with support from ESMAP, The Public-Private Infrastructure Advisory Facility (PPIAF), The Netherlands’ Ministry of Foreign Affairs, The Italian…

White Paper: Unlocking Commercial Finance for the Off-Grid Solar PAYG Industry

…wable energy investment faces the same risk. Some operators are creating structured finance products to cut costs and address more potential investors: Pay-as-you-go solar companies retail solar home systems to power basic appliances, primarily in East and West Africa. The systems are sold against a small upfront payment and regular ‘top-ups’, usually sent via low-cost mobile money services. The leading companies, including M-Kopa, Off-Grid Electr…

Blog | Lighting Nigeria:Tackling Energy Poverty Despite Covid-19

…port the habitability of the earth for generations yet unborn. In an ideal world, everyone ought to have access to electricity. But our world is less than ideal and energy access is expensive. While the government appreciates the value of extending the grid to every nook and cranny of the nation, the cost of such an ambitious project remains prohibitive. Even more daunting would be the cost of operations, as the reality is that some consumers can…

WEBINAR | Expanding the off-grid market

Opportunities for Growth IFC’s Daniel Shepherd, Head of Energy & Water Advisory Services for Sub-Saharan Africa, leads an exciting online discussions about the opportunities for growth in the off-grid market. The pay-as-you-go (PAYGo) business model is proving to be an effective approach in delivering electricity access through distributed solar, and the sector has gained significant investment interest and activity. Still, there is considerable…

Off-Grid Energy Solutions Present a Three Billion-Dollar Market Opportunity for Investors, New Report Finds

…of the state of one of the most impactful industries in the global economy today,” said Russell Sturm, Global Head of IFC’s Energy Access and World Bank Group’s Lighting Global program. “This is the third in a series produced by the World Bank Group’s Lighting Global Program since the industry’s emergence seven years ago and illustrates how off-grid solar can be a game changer for development as well as a unique business opportunity for the privat…

Announcing the First-Ever Key Performance Indicator Framework for the Off Grid Solar Pay-As-You-Go Sector

…n addition to resources from GOGLA and Lighting Global, this work has been financed by three World Bank Units: The Energy Sector Management Assistance Program (ESMAP), a global knowledge and technical assistance program administered by the World Bank, Launchpad, a Clean Technology Program activity of the Trade and Competitiveness Global Practice, and by the Transport and ICT Global Practice. Learn More: Overview of PAYG KPI Effort Download the Tec…

“You Can See the Future from Here” The World Bank Solar Village

…achine (we thought that flying sparks might be a bit too life-like for the World Bank atrium).   We are truly grateful to the companies that joined us, and to the manufacturers who shared their products with us, so we could demonstrate some of possibilities that off-gird solar can unlock in even the remotest of areas. Together, we not only brought this vision of an obtainable future to life in DC – more importantly, together, we are also bringing…

IFC And CLASP Announce New Partnership To Sustain Quality Standards For Consumers In Off-Grid Solar Markets

…eople without grid electricity. Through Lighting Global, the International Finance Corporation (IFC) and the World Bank work with the Global Off-Grid Lighting Association (GOGLA), manufacturers, distributors, and other development partners to develop the modern off-grid energy market. The Lighting Global program supports market development by working with private companies to lower first-mover risk and mobilize private sector investment through ma…

IFC Launches South-to-South Solar Power Project to Light Up Papua New Guinea

…to improve their livelihoods by studying or setting up small enterprises.” Today’s launch of the IFC-commissioned Lighting PNG Off-Grid Lighting Market Analysis on needs and opportunities in PNG’s off-grid lighting market shows the country is poised for strong growth in solar devices, which is being driven by widespread need, high prices of other available power sources such as kerosene, and often difficult-to-access power supplies. IFC will furth…

The Rapidly Emerging Off-Grid Solar Market (Webinar: April 20, 2016, 9am ET, 3pm CET)

…er services. Itamar Orlandi – Head, Applied Research, Bloomberg New Energy Finance Itamar manages the Applied Research practice at Bloomberg New Energy Finance. He works with the firm’s sector experts and economic modelling teams, providing customized research on clean energy markets to a range of clients. Most recently, Itamar has led BNEF’s analysis of the pico-PV and residential off-grid solar market. Other work has included renewable energy ma…