INDUSTRY TRENDS

World Bank, GOGLA Commend Rwanda On SDG7, Seek More Solar Funding

Koen Peters, the GOGLA Executive Director said that they have committed (in 2021) to reach one billion households by 2030 and so far they have managed to reach 490million (with the biggest uptake in Africa and Asia) since and there is a need to a budget to capture the remaining population.

This commitment included 550million households for first time access, 190million for energy for productive use (business), and 260million with unreliable forms of energy but need a better one to better their livelihoods.

So far $2.3billion has been invested in achieving this target but the GOGSFE forum called for more investment to the tune of $20-30billion to not only reach the target but also provide quality solar products and ensure customer uptake.