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Off-grid photovoltaic Since its inception, the GEF has helped deploy solar energy technologies to those lacking access to electricity. As these people often live in remote areas, expansion of the power grid is neither cost effective nor affordable. In response to this need, the GEF has funded over 70 projects in 68 countries that provide access to electricity through the use of solar home systems and off-grid photovoltaic electricity. The GEF has A man stands in front of his solar-home-system supported these projects with US$361 million, cofinanced at a ratio of 1:7.2. They have led to the installation of estimated nominal peak power of 124 MW. GEF projects have led also to the rapid growth of the PV industry in several countries, improving the quality of production and reducing costs, thereby expanding the market for solar home systems and other off-grid PV applications. 16 THE GLOBAL ENVIRONMENT FACILITYPDF Image | INVESTING IN RENEWABLE ENERGY: THE GEF EXPERIENCE
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