The global economy is just 8 years away from its designated SDG Batteries would likely cost somewhere

cost somewhere around Rs 2,67,000. (Rs

deadline but remains overwhelmingly far away from these goals,
especially the SDG7 - affordable, sustainable energy for all, set to be 1,00,000 per kW) which gives us a total cost of Rs 4,00,000
missed by an estimated 228 million people who will continue to live The panel cost is expected to fall by 29% by 2032 and the
without access to modern day sources of energy. battery price is expected to fall by 42%. This would put the price
of the solar setup at Rs 2,50,000. Maintenance cost amounts to
There is a significant potential market for off-grid appliances, which
we estimate at USD 12.6 billion as of the end of 2018. After an about Rs 4000 per year.
exhaustive industry analysis, the arrived costs point to the scope of a
large addressable market resting on two pillars, increased life span
justifying higher upfront costs and higher disposable funds for lower Off-grid Appliance Cost (2022) Cost (2032) Reasons
income groups.
Television (19”) $220 $85 Innovations in LED backlit panel, optical films,
ambient light sensors

Refrigerator (35W $600 $200 Brushless DC VS Compressors, Vacuum

power rating, 80L) Insulated Panels, Improved Blowing Agents
The average Indian household uses about 15-16 kWh per day. The
Table Fan (12”) $18 $12 Brushless permanent DC motors, Blade
average home in India receives an average of 6 sun hours per day over design improvements, VSD/VFD
the course of the year and the capacity of solar panels required is thus
Total Cost $838 $297
(6kWh / 6hours) 2.67 kW. The average cost of solar in the U.S. is Rs 50 per
Watt, meaning our 2.67 kW system comes to Rs 1,33,500 prior to
incentives.

Generally, an off-grid building must be able to supply energy and potable water for
itself, as well as manage food, waste and wastewater. Conducting thorough industry
analysis of the Off grid refrigerator, TV and fan market, we find high upfront costs.
This report finds that scalable technological developments in LED backlit panels
alone can bring the cost of TVs under $90 in as little as 5 years, single handedly
bringing down the total cost by 52%. Trends in LED quality enhancement are
encouraging as it is scientifically proven that lesser but more efficient LEDs can in
fact support the same content quality. Reports by Dalberg suggest a 45% cost
reduction by using backlight dimming and ambient sensors alone. Given the market
need gap, there is overwhelming scope for our client to develop the technology to
capture this first mover advantage. For refrigerators which constitute the largest
chunk of off grid consumption in developing economies today, insulation
technology alone can lead to a 30% increase in efficiency. This report suggests a
geography based strategic plan for expansion which could allow the client to enter
this nascent market by leveraging economies of scale. DC variable speed
compressors, which are already under R&D by some market leaders, stand the
potential of leading to a 1.5% product improvement for every 1% compressor
development. The second breakthrough technological development alone can
come from vacuum insulated panels which can comprise 45% of total improvement
in the modern day energy efficient refrigerator. Increased production and long term
contracts with manufacturing players can pave the way for lower per unit costs.
Simple enhancements like gasket material and airtight magnetic linkage can
drastically reduce the energy required for cooling, a technology much in need in
developing regions like India and Africa near the Equator. Highly used products in
Pakistan and India like fans are very price sensitive markets where design and
technological enhancements can trigger large scale penetration of OGS in these
markets. DC motors and Variable Speed Drives (VSDs) alone can account for a
drastic 80% improvement in efficiency. The report suggests market awareness &
developing formal funding channels as the key to accessible credit. International
policy comprising commercial lending programmes through micro finance
institutions can conduct consumer creditworthiness, market attractiveness and
offer incentives basis scale of operations and environmental impact.
The report suggests market awareness & developing formal funding
channels as the key to accessible credit. International policy comprising
commercial lending programmes through micro finance institutions can
conduct consumer creditworthiness, market attractiveness and offer
incentives basis scale of operations and environmental impact.
With over 420 million lives impacted worldwide, off grid technology
has made strides in enhancing access to affordable energy for the
masses without adding to pressure on existing infrastructure in
developing economies. 55 million individuals were brought under the
OGS market within the last 3 years. Country wise analysis indicates
increasing sources of funding have improved accessibility with ample
scope of easier affordability vs 2018 which could pave the way for
large scale adoption of OGS worldwide. Today, refrigerators and table
fans constitute the largest chunk of existing consumption. Research by
Alibaba and Dalberg estimates an approx 40% decline in prices within
the next 5 years with strides in cheaper technology which will be
accessible to all.
With the global population inching towards a massive 8.5 billion in
2030, more than ⅔ of this growth is expected to come from regions
like Africa according to the UN. This report conducts an addressable
market prediction and national infrastructure analysis to suggest high
pressure on existing grid electricity. Strides in capacity and ease of
distribution throughout income groups require not just economic but
also political and social development which are implausible short
term targets. Instead a large scale community level infrastructure
scheme can be taken up on an institution level, setting up scale based
off grid sources for community sharing of upfront costs which on
becoming large enough can be integrated into the main grid of the
economy. Sourcing can be licensed to private players strengthening
public-private partnerships. The international support for integration
of communities in the mainstream provides ample evidence for
government motivation to set up partnerships.