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SPECIAL FEATURE Other grant funding


for renewable energy projects (in 2018) included:


• Mlinda Foundation: To enhance access to energy services for some 21,000 people in 41 villages in India by installing mini-grids including photovoltaic energy. Also, capacity building helped improve farm productivity / provision of energy-efficient appliances such as irrigation pumps.


• Solar Powered Smart Grids in Haiti: Brownfield Launch and Model Development – to build a 95


KW solar smart grid that will serve 500 homes and businesses with 24/7 electricity in a small fishing town in the southern peninsula. Customers, energy vendors and grid managers will interact with the grid through a utility interface that enables pre-payment billing, load management and theft detection to ensure efficient operations. The grid was successfully launched, marking a major step in mainstreaming microgrid power in Haiti.


Multiregional distribution: US$0.6 million


Global renewable energy growth


The world’s total renewable-based power capacity is expected to grow by 50 percent between 2019 and 2024. This increase of 1,200 gigawatts – equivalent to the current total power capacity of the United States – is driven by cost reductions and concerted government policy efforts. Solar PV accounts for 60 percent of the rise. The share of renewables in global power generation is set to rise from 26 percent today to 30 percent in 2024.


Renewable capacity growth by country/region, 2018-2024 GW


700 600 500 400 300 200 100 0


Renewables 2018 forecast (2018-23) Renewables 2019 forecast (2019-24) Renewables 2019 accelerated case (2019-24)


China United States


EU India Latin America


Japan MENA SSAFR


Source: IEA (2019), Renewables 2019, IEA, Paris: https://www.iea.org/reports/renewables-2019 Source (bar chart): IEA (2019), Renewables 2019: Market analysis and forecast from 2019-2024. All rights reserved.


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