100 Million African Homes May Run Only on Solar by 2020

Almost 100 million households worldwide may be powered by solar panels by 2020, according to Bloomberg New Energy Finance.

The off-grid solar market has grown to $700 million now from non-existent less than a decade ago, according to a report Thursday from the London-based research company and the World Bank Group’s Lighting Global. They expect that to swell to $3.1 billion by the end of the decade.

There are about 1.2 billion people without access to energy and another billion who are connected to a national grid, but with unstable power. The report estimates that they spent $27 billion on crude lighting methods such as kerosene and candles last year. The demand for reliable energy is soaring with burgeoning populations and rising industrialization in emerging economies.

http://naija247news.com/2016/03/100-african-million-homes-may-run-only-on-solar-by-2020/

Wayne National Forest

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