World Bank, REA Strategise to Bridge Energy Gap in Nigeria
World Bank’s $350 million (N126.5 billion) funded Nigeria Electrification Project (NEP) has received a boost with a new agreement to reduce energy gap for underserved Nigerian households and micro small medium enterprises (MSMEs). The grant; Output Based Fund (OBF) aiming to supply Solar Home Systems (SHS) to homes and businesses across Nigeria, is being implanted […]
Emel Solar, REA Seal Pact on Solar Home Systems Sale
A private firm, Emel Solar and the Rural Electrification Agency (REA) have signed grant offer agreement under the Output Based Fund (OBF) for the firm to sell Solar Home Systems (SHS) to Nigerian households and businesses. The project is implemented by REA and supported by the World Bank. Daily Trust reports that in January 2019, […]
REA Signs two Grant Agreements for Output-Based Funds
REA Signs two Grant Agreements for Output-Based Funds The REA MD/CEO Salihijo Ahmad signed two Grant Agreements under the Output-Based Funds of the Standalone SOlar System component of the Nigeria Electrification Project (NEP), implemented by the Rural Electrification Agency (REA). The beneficiaries of the grants are Emel Solar Solutions Limited and Pas BBOXX Limited. The […]