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    Home > Chemicals Industry > International Chemical > In 2018, the global investment in off-grid energy access exceeded 500 million US dollars

    In 2018, the global investment in off-grid energy access exceeded 500 million US dollars

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    According to a new report by natural resources consultancy Wood Mackenzie Power & Renewables and nonprofit Energy 4 Impact, the total global investment in off-grid energy access exceeded $500 million in 2018
    .

    The report, Strategic Investments in Off-Grid Energy Access: Expanding the Future Utility of the Last Mile, highlights the acceleration
    of investment in energy access.
    By the end of 2018, nearly $1.
    7 billion had been invested in cumulative disclosed investments, and more than $1.
    2 billion had been deployed since the beginning of 2016.

    "Investment in energy access has accelerated rapidly over the past few years, but the total amount is still far below the funding needed to reach the target of 100% global electricity coverage by 2030," said
    Benjamin Attia, lead author of the report.

    Benjamin Attia added that how and how electricity is delivered to the roughly 1 billion people who still lack access to energy will have a huge impact
    on electricity demand, power generation, grid infrastructure investment and future carbon reduction.

    In 2017, year-on-year transaction volume increased by 37% and the total capital composition shifted to more than 50% of debt, indicating the expansion and further maturity
    of the sector.
    In 2018, total transaction volume increased by 22% year-on-year, average equity investment doubled, and debt increased nearly five-and-a-halffold
    .

    Attia said there has been a sharp increase in investment and partnerships in emerging industries from many oil and gas giants, European utilities and IPPs, clean energy OEMs, and strategic groups in the technology industry looking to capitalize on new opportunities in fast-growing emerging economies
    .

    The report found that 75% of strategic activities in off-grid energy access are commercial in nature
    .
    Among them, direct investment and mergers and acquisitions accounted for nearly 25%.

    "Strategic investors and their affiliates have engaged in more than 110 direct investments in energy access with more than $383 million
    publicly available.
    Strategic investors also participated in indirect fund investments
    valued at more than $461 million.

    According to a new report by natural resources consultancy Wood Mackenzie Power & Renewables and nonprofit Energy 4 Impact, the total global investment in off-grid energy access exceeded $500 million in 2018
    .

    Off-grid energy

    The report, Strategic Investments in Off-Grid Energy Access: Expanding the Future Utility of the Last Mile, highlights the acceleration
    of investment in energy access.
    By the end of 2018, nearly $1.
    7 billion had been invested in cumulative disclosed investments, and more than $1.
    2 billion had been deployed since the beginning of 2016.

    "Investment in energy access has accelerated rapidly over the past few years, but the total amount is still far below the funding needed to reach the target of 100% global electricity coverage by 2030," said
    Benjamin Attia, lead author of the report.

    Benjamin Attia added that how and how electricity is delivered to the roughly 1 billion people who still lack access to energy will have a huge impact
    on electricity demand, power generation, grid infrastructure investment and future carbon reduction.

    In 2017, year-on-year transaction volume increased by 37% and the total capital composition shifted to more than 50% of debt, indicating the expansion and further maturity
    of the sector.
    In 2018, total transaction volume increased by 22% year-on-year, average equity investment doubled, and debt increased nearly five-and-a-halffold
    .

    Attia said there has been a sharp increase in investment and partnerships in emerging industries from many oil and gas giants, European utilities and IPPs, clean energy OEMs, and strategic groups in the technology industry looking to capitalize on new opportunities in fast-growing emerging economies
    .

    The report found that 75% of strategic activities in off-grid energy access are commercial in nature
    .
    Among them, direct investment and mergers and acquisitions accounted for nearly 25%.

    "Strategic investors and their affiliates have engaged in more than 110 direct investments in energy access with more than $383 million
    publicly available.
    Strategic investors also participated in indirect fund investments
    valued at more than $461 million.

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