29 Jun '14, 11pm

Off-Grid, Clean Energy Access Market Valued At $12 Billion

Off-Grid, Clean Energy Access Market Valued At $12 Billion

Working with Evan Mills of Lawrence Berkeley National Lab and Stewart Craine of Village Infrastructure Angels , we have provided one of the first estimates of future growth for the rapidly expanding clean energy access market. Today, excluding grid extension, this market is estimated to be a $200-250 million industry annually. However, we project a 26 percent compound annual growth rate that will enable growth that reaches a $12 billion annual market by 2030 – when universal electrification is achieved. To put that in perspective, the U.S. residential market for solar in 2013 was only $3.76 billion.

Full article: http://cleantechnica.com/2014/06/29/grid-clean-energy-acc...

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