Crowd Power – State of the Market Report 2024-2025

October 13, 2025
Energy 4 Impact’s research programme, Crowd Power, examines the role of crowdfunding in supporting the growth of the energy access sector. Crowdfunding has become a crucial source of financing for SMEs operating in the energy access sector in developing countries. In 2024, energy access-related crowdfunding continued to demonstrate adaptability, with new financing models and growing investment in commercial and industrial (C&I) solar projects reshaping the market.
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