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Electricity is the fastest-growing final form of energy. The strong growth of renewable in many countries raises their share in global power generation to one-third by 2040 [1] . Lack of access to electricity is one of the biggest troubles facing the world's poor, with over 1.6 billion left in the dark globally. The substantial majority of human beings live in rural areas of developing countries which is too far away to be reached through the national grid. For their lighting needs they depend on candles, kerosene lanterns, and firewood* This consequence in an each day rate that is high priced in the long run. Long-term, solar energy is the most practical and low-budget way of bringing power to far flung communities. Small-scale, distributed solar home systems provide an effective and affordable way to bring light to people without electricity. Egypt's electricity use has been growing swiftly as a end result of economic growth in the closing decade. However, Egypt has a massive of its populace residing in rural areas access to energy is still a challenge. The power sector is key to Egypt's monetary development and poverty decrease goals. This paper represents support sustainable livelihoods for rural communities. The paper refers to renewable energy for rural populations with no access to centralized electricity power. The focus is on solar electrical energy and its economic applications for village electrification. The Paper goals to compare between electrical energy cost (kWh) using PV panels, diesel generator and the end of result suggests the cost of 1 kWh from the PV system is less than diesel system for rural residential electricity are 0.22$/kWh and 0.5$/kWh respectively. [ABSTRACT FROM AUTHOR]

This paper presents the photovoltaic technology, the world’s market trends in the past few years and its future map till 2050. The paper shows the PV market development in the world in terms of cumulative installed PV capacity from 2000 to 2013 as actual PV installation in all the world in terms of total installed PV capacity (135 GW), annual installed PV capacity (37 GW) and PV electricity energy generated in each year. According to the forecast of global PV generation, China is expected to be the largest producer of PV electricity soon after 2020. By contrast, the United States’ share is expected to remain at about 15% starting 2020 onwards, while Europe’s share is expected to decrease constantly from 2015 to 2045. The paper also shows that almost all of the energy consumption in Egypt was met by oil and natural gas at 41% and 46% respectively. The remainder was supplied by coal and renewable energy sources. The current demand forecast expects a six percent demand growth per year over the next seven years. Egyptian Electric Holding Company is currently implementing new generation projects to produce 7000 MW over the next few years. For the purpose of designing and sizing PV systems the paper presents the five relevant economic methods of financial analysis that are often used for making building investment decisions. These methods are payback analysis, net benefit analysis, saving-to-investment ratio, adjusted internal rate of return and life-cycle cost. In the same manner, the paper presents two case studies of the financial assessment analyzing PV systems in Egypt. The first case is relates to the on-grid PV 10 MW power plant for different sites, while the second paper describes the finance analysis of a standalone off-grid PV system generating electricity to feed a residential house in rural area of Egypt. [ABSTRACT FROM AUTHOR]