IIF Insights: The Development of Mini-Grids
In 2014, 1.065 billion people in rural areas did not have access to electricity, including 280 million from India, 117 million from South-East Asia, and 483 million from Sub-Saharan Africa. Due to the widely dispersed nature of these populations, connecting rural areas to a national electricity grid is unaffordable for many countries. As a result, rural areas in those regions tend to have very low electrification rates (67% in India, 65% in South-East Asia and 16% in Sub- Saharan Africa) compared to elsewhere in the world. This report addresses the use of mini-grids and the role finance can play in electrifying off-grid communities.