Market & Feasibility Research Assistance on Off-Grid Solar Products

From EAI, a leader in renewable energy/cleantech research & consulting

Solar Off-Grid Products

While grid-connected solar projects enjoy the limelight, a large market exists today for off-grid solar solutions in areas where electricity is either absent or scarce. Off-grid solar presents a cost-competitive solution to such power hungry areas which currently depend on expensive solutions, such as diesel gensets or batteries, to obtain power.

Off-grid solar products (those that work on solar energy), comprising solar lights, power packs, solar water pumps among others, provide excellent business opportunities to small – medium size industries today.

Not surprisingly, most of the potential customers of off-grid products are not in the developed nations, and these off-grid solutions have an enormous and eager potential customer base in the developing world. According to 2016 estimates by World Energy Outlook, 1.2 billion people across the world do not have access to electricity. And these people reside mostly in rural areas of South Asia and Sub-Saharan Africa. Thus, for the developing world, off-grid solar based solutions help meet basic needs like lighting and access to water. Against this background, it is not surprising that the global off-grid solar market is poised to reach $3 billion by 2020 – not very large, but an attractive market for small and medium businesses.

The off-grid solar market has its set of challenges. It sees competition from more robust and market pervasive solutions such as the extension of grid and diesel generators. And, even though the costs of usage of off-grid solar products may be lower over time than diesel generators, the upfront costs in investments in these solutions is a key deterrent in its widespread adoption. For the off-grid market to be successful, the investors or stakeholders must understand the market they are trying to reach. The low levels of awareness of the advantages of off-grid solar solutions among potential customers coupled with the fact that most of the solutions are purely DC compatible creates challenges that an investor or manufacturer needs to study in detail.

Thus, as with most emerging opportunities, offgrid solar presents a promising future but with challenges on the way. Hence, a balanced understanding of the opportunities the sector promises along with its inherent challenges is needed before investment decisions can be made.

 

If you are an investor or a key stakeholder keen on getting an expert market and feasibility study done for off-grid solar products, whom can you approach?

This is where EAI’s Market Research Assistance on Off-Grid Solar Products comes in.

So, if you are looking to outsource customized research on off-grid solar products,

talk to EAI at consult@eai.in

 

Who will Benefit from Our Custom Research?

EAI can provide custom research on off-grid solar products for the following stakeholders:

 

What is the Scope of Our Custom Research?

Our team can provide research inputs, insights and analyses on the following:

Through our custom research on off-grid solar market, we can provide information that include:

  • Prefeasibility studies (technical, and financial pre-feasibility) that can aid primary decision making for investors
  • Market potential analysis
  • Government regulations, mandates and incentives, by region
  • Innovations and research trends in the off-grid solar market
 

Specifically, our custom research can cover the following dimensions:

  • Solar Home Lighting
  • Solar Street Lighting
  • Solar Lanterns
  • Solar Water Pumps
  • Solar Cookers
  • Solar Water Heating Systems
  • Other Emerging Products
  • Current market sizes and forecasts
  • Key market trends, market and revenue potential
  • Growth factors and opportunities
  • Key drivers and challenges
  • Product features and sales trends
  • Company responses to market trends
  • Business Opportunities
    • Manufacturing Opportunities
    • Service Opportunities
    • Trading Opportunities
  • Business Models
    • Distributor-Dealer Channels
    • Proprietary Distribution Channels
    • Institutional Partnerships
    • Franchise Model
    • Rental /Leasing System
    • Electric Cooperatives
    • Pay As You Save (PAYS)
  • Global Savings and Economic Impact
  • Impact on Local Economy and on Small Businesses
  • Overall Impact on Health, Education and Social Life
  • Impact on Environment and Climate-Change
  • Capital Costs
  • Working Capital, Logistics and Other Variable Costs
  • Financing Availability
  • Subsidy Availability
  • Company Overview
  • Financial Overview
  • Business Strategy
  • SWOT Analysis
  • Product Landscape and Benchmarking
  • Trade and Environment regulations for the relevant regions
  • Analysis of solar mandates for the relevant regions
  • Standards and Certifications prescribed by relevant regions
  • Inputs and updates on the latest governmental financial incentives such as funding and subsidies

Why EAI for Outsourced Research on Off-Grid Solar Products?

How many firms can claim they have worked along the entire Solar PV value chain?

EAI is one of the very few in the world!

Solar Mango, a division of EAI, focuses exclusively on the solar sector in India and abroad. Over the past many years, we have had the opportunity to work with some of the most prominent global and Indian corporates, organizations, and government bodies, providing them with strategic intelligence and business assistance.

EAI, along with Solar Mango, is your ideal partner for custom research on off-grid solar products because

  • We understand the solar domain very well – we have been operating in this sector for nearly 10 years!
  • We can provide high quality market and business research assistance at a much lower cost than larger, horizontal research firms
  • We are based out of India, a country known for its mature information and research outsourcing capabilities, and with a skilled workforce excellent in English

So, if you are looking to outsource customized research on off-grid solar products,

talk to EAI at consult@eai.in

 

Some of our acclaimed reports and whitepapers in the Bio-Energy domain

 

EAI’s Consulting Assistance in the Cleantech Domain

  • Provided consulting assistance in diverse renewable energy & sustainability sectors spreading across Biomass, Biofuels, Sustainable Materials, Solar and Wind
  • Has a client portfolio of 200+ companies, including top of the heap entities such as GE, Vedanta, World Bank, Bill & Melinda Gates Foundation, GSK & more.
  • Strong team with diverse cleantech domain expertise and educational backgrounds from the top-tier institutes of India and abroad

EAI’s Research & Reports

  • Our cleantech research reports have been used by over 2,500 prominent companies worldwide, including more than half in the Fortune 100 alone!
  • Benefitted over 100,000 cleantech industry professionals and stakeholders in the past decade through our whitepapers and events.
 

So, if you are looking to outsource customized research on Off-Grid Solar Products, you should be talking to us

Send a note to consult@eai.in and we will revert quickly