Spotlight: Off-Grid Energy
Anita Riotta
Spotlight
08:04, 26th June 2019

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A Wood Mackenzie report has found that 600 million people are set to gain access to electricity in the next decade, in an attempt to make a dent in the around 1 billion people who are still not connected. In this effort, experts in the energy sector are turning to an innovative solution-- off-grid energy systems.

These off-grid systems are more cost effective and environmentally sustainable than their traditional counterparts but the sector is in no way a charity act. 2018 was a banner year for investment in the off-grid market-- the total annual investment surpassed $500 million and three-quarters of all activity was commercial in nature. 

And off-grid energy systems are just the beginning for the communities it is set to revolutionize, as access to reliable electricity clearly opens up a flood of new networks and opportunities.

We connected with experts in the field to learn more about the technology itself, how this value-stacking model is creating a spark in the sector, and what it means to be an entrepreneur in this space. A massive thank you goes out to Benjamin Attia, Research Analyst in the Power & Renewables at Wood Mackenzie; Bill Lenihan, Chief Executive of Zola Electric; and Maurice Parets, CEO of Pawame.

 

Disclaimer & Declaration of Interest

The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.

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