In Short : IEEFA emphasizes targeted co-financing as key to enabling a just energy transition in emerging economies. By blending public and private capital, this approach helps de-risk smaller clean energy projects like solar mini-grids. It supports underserved communities, attracts institutional investors through project aggregation, and aligns with global transition finance goals to scale inclusive, […]
Solar mini-grids offer clean-power hope to rural Africa – EQ
In Short : Solar mini-grids are providing a beacon of hope for rural communities in Africa, offering clean and reliable power where traditional grid infrastructure is lacking. These decentralized energy systems harness solar energy to provide electricity to remote areas, enabling access to vital services such as healthcare, education, and communications. By fostering local economic […]
Solar Mini-Grids Can Power 490 Million People By 2030 At $0.20/KWh; Need $127 Billion Investment: World Bank – EQ Mag Pro
Current rate of solar mini grid deployment is not enough to achieve universal electrification goals under SDG 7, says a World Bank report From $0.55 per kWh in 2018, the cost of electricity generation through this medium has come down to $0.38 per kWh and by 2030 it should further drop down to $0.20 per […]
MRDF targets 100% adoption of solar mini-grids in Mon district of Nagaland – EQ Mag Pro
In an initiative to deliver last-mile access to electricity in rural areas of Nagaland, the Mon district administration and Mithun Rural Development Foundation (MRDF) inaugurated their first of the three solar mini-grids at Totokchingha village, a press release stated on February 24. The mini-grid was inaugurated by MLA N Thongwang Konyak on February 23. The […]
Connecting Sierra Leone through solar mini-grids
West Africa’s coastal country Sierra Leone has a rural electrification rate of approximately 5.3%, one of the lowest in sub-Saharan Africa. The country’s rural population is heavily reliant on unsustainable and unaffordable sources of energy such as disposable batteries, kerosene and candles to light their homes and supply energy to their electric devices. To make […]
Solar mini-grids can get electricity to more Africans but regulators need to help
Of the oft-quoted 600 million Africans living without electricity across the continent, it is estimated about 150 million of them live within range of their local public grids but are still not connected. The challenge is that as populations have grown particularly in rural areas, governments have not prioritized spending the hundreds of millions of […]
SOLAR MINI-GRIDS SET TO PLAY CRITICAL ROLE IN ACHIEVING UNIVERSAL ELECTRICITY ACCESS WITH RIGHT POLICY SUPPORT
BNEF and SEforALL research for the Mini-Grids Partnership identified 5,544 installed mini-grids in Sub-Saharan Africa, Asia and small island nations, with some in Latin America. The estimated cost of electricity is $0.49-0.68/kWh for isolated solar hybrid mini-grids for productive-use customers and households. 111 million households could be served by mini-grids in Sub-Saharan Africa, Asia and small […]
Move underway to purchase power from solar mini-grids to save investors
The government has initiated a move to purchase electricity from solar mini-grid power projects to save investors from financial losses they have been suffering for the expansion of the national grid in off-grid project areas. According to official sources, the Power Division has recently made a decision in this regard and sent a proposal to […]
