Cheaper than the grid: Solar could bring power to nearly 400 million people for $11.4 billion till 2030, says World Bank report

“Cheaper than the grid: Solar could bring power to nearly 400 million people for $11.4 billion till 2030, says World Bank report”

Off-grid solar is the cheapest way to bring electricity to at least 398 million people still living without it, according to a World Bank-backed report. That positions the technology as essential infrastructure rather than a "temporary fix". Released Oct. 27 by the World Bank’s Energy Sector Management Assistance Program and industry association GOGLA, the report estimates that reaching those people will require $11.4 billion between 2027 and 2030, combining public subsidies with private…