Market Forecast By Type (Fossil Fuel, Hydro, Solar And Solar Hybrid, Others (Wind And Biomass)), By Capacity (Below 50 KW, 50 KW- 1 MW) And Competitive Landscape
According to 6Wresearch, Rwanda Mini Grid Market is projected to grow at a CAGR of over 20.4% during 2020-2026F. Mini-grid market in Rwanda is anticipated to witness a period of slowdown on account of coronavirus triggered global recession, However, the situation is anticipated to improve post-2020 on account of increasing power demand and ambitious government targets of 100% electrification by 2024. These initiatives are anticipated to drive the deployment of mini-grids in Rwanda. Additionally, the Government of Rwanda plans to increase it off-grid connections to 48% from the current tally of 14% under the National Electrification Plan, which is expected to give a significant boost to the deployment of mini-grids in Rwanda. Initiatives such as National Strategy for Transformation and easy financing for mini-grid are also anticipated to aid the growth of the aforementioned market in the coming years.
Key Highlights of the Report
- Historical data & Forecast of Rwanda Mini-Grid Market Revenues and Volume for the Period 2016-2026F
- Historical data of India Rwanda Mini-Grid Market Revenues, By Types, for the Period 2016-2019
- Market Size & Forecast data of Rwanda Mini-Grid Market Revenues, By Types, until 2026F
- Historical data of Rwanda Mini-Grid Market Revenues, By Capacity, for the Period 2016-2019
- Market Size & Forecast data of Rwanda Mini-Grid Market Revenues, By Capacity until 2026F
- Market Drivers, Restraints and Trends
- Market Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Player’s Revenue Share Rankings
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