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T1 Renewable Energy in Hybrid Mini-Grids and Isolated Grids: Economic Benefits and Business Cases
A1 United Nations Environment Programme, 
A1 Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance, 
A1 Frankfurt School of Finance and Management, 
K1 renewable energy source
K1 economic aspect
K1 finance
K1 Colombia
K1 Dominican Republic
K1 Saint Vincent and the Grenadines
K1 Indonesia
K1 Philippines
K1 Kenya
K1 solar radiation
K1 investment
YR 2015
FD 2015
LK https://wedocs.unep.org/handle/20.500.11822/33109
UL https://wedocs.unep.org/handle/20.500.11822/33109
NO The aim of this study is to compare average generation costs of a renewable hybrid to a diesel only power plant – not to compare different hybrid technologies or renewable power sources to each other. With PV electricity - despite rapidly falling technology costs - still representing a comparatively expensive source compared to some other renewables, this assessment provides a conservative view of the potential cost savings through hybridisation. While PV is an obvious technology (and offers the benefit of reliable resource data), site assessments may point to other renewable energy sources that would permit cheaper hybridisation. The study is structured as follows: 1) Introduction; 2) Selected sites; 3) Hybridisation: potential and benefits; 4) Economic viability assessment; 5) Financial viability assessment; and 6) Conclusion.
DS UN Environment Document Repository
RD Sep 17, 2026