More than 1.3 billion people worldwide lack access to electricity, and reducing this number is critical to bringing opportunity and prosperity to developing countries. Many of the world's energy-poor are located in areas without connectivity to an electricity grid, some of which have few prospects for grid connectivity in the near term. While large-scale centralized power generation projects have dominated electrification efforts for decades, advancements in renewable and efficient technologies have made distributed, decentralized systems increasingly attractive to communities, consumers and even low-level industrial users.
REEEP invests in markets for off-grid electrification from the small-scale household (stand-alone solar lighting and power sources) to microgrid and minigrid applications.
