STATE OF THE GLOBAL MINI-GRIDS MARKET REPORT 2024

The State of the Global Mini-Grids Market Report 2024 provides comprehensive insights on the global mini-grid market and highlights key trends in the sector. This research provides a definitive source of information to mobilize investment in the mini-grid sector and serves as a benchmark to allow decision makers to measure progress in the sector.

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THE CHALLENGE

Today 685.2 million people[1] , still live without electricity – Sub-Saharan Africa is home to most of the global population lacking access, and the disparity between regions is widening. Sub-Saharan Africa now accounts for 83 percent of the global access deficit. For a significant portion of these people, clean energy mini-grids will be the least-cost option for reliable electricity access compared with the two main alternatives: grid extension and stand-alone systems. However, despite the interest and activity around development of clean energy mini-grids, the pace at which they are being developed and financed remains slow. To address these barriers, we need a more cohesive, efficient, and strong mini-grids sector. This requires greater collaboration and coordination amongst the various stakeholders including funders/financiers, governments, industry/private sector and other enablers.

[1] Source: 2024 Tracking SDG7 Report

 

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OUR AIMS

The Mini-Grids Partnership aims to create a thriving global mini-grids sector to help achieve SDG7. The Partnership uses the collective experience of its members and its unique relationship with leading development partners to:

  • Champion the sector and help shape policy for public and private sector mini-grid development
  • Coordinate sector knowledge and action
  • Broker partnerships
  • Support finance and de-risking mechanisms, business models, and opportunities
  • Promote international standards and quality assurance frameworks

The Partnership convenes a global network, hosting regular calls with the Steering Committee members, as well as events with the Partnership members. The Partnership also publishes industry newsletters that capture the latest sector research, tools, and developments. The Partnership also hosts thematic working groups, which are demand-driven and focused on delivering tangible outputs and deliverables.

STEERING COMMITTEE