Renewables
Off-Grid Solar Is Now the Cheapest Power for Nearly 400 Million People
CEII brief
OilPrice.com reported on 30 Oct 2026: Off-Grid Solar Is Now the Cheapest Power for Nearly 400 Million People.
Read the full story on OilPrice.comThe World Bank now ranks off-grid solar as the cheapest way to bring electricity to at least 398 million people who still live without it.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.