PRESS RELEASE: REA-NEP Accelerates Off-Grid Power Generation
PRESS RELEASE Dateline: Abuja, Nigeria, January 31, 2024 REA-NEP Accelerates Off-Grid Power Generation in Jigawa and Nasarawa States with Grant Agreement Signing The Nigeria Electrification Project (NEP) achieves a significant milestone with the signing of a grant agreement involving two mini-grid developers, ACOB Lighting Tech. Ltd and Offgrid Electric Ltd. The developers meet the stringent [...]
POWER MINISTER INSPECTS IMPACT OF 90kWp MINI-GRID PROJECT
POWER MINISTER INSPECTS IMPACT OF 90kWp REA-NEP SOLAR HYBRID MINI-GRID PROJECT The Honourable Minister of Power, Chief Adebayo Adelabu, paid a visit to Adafila, Oyo State on the 15th of January 2024, to assess the impact of the 90kWp solar hybrid Mini grid deployed by the Rural Electrification Agency (REA) through the Nigeria Electrification Project [...]
World Bank Approves $750m to Boost Renewable Energy in Nigeria
Ndubuisi Francis in Abuja In a bid to expand access to clean energy for 17.5 million Nigerians, the World Bank has approved the Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project, being financed by $750 million International Development Association (IDA) credit and would leverage over $1 billion of private capital and significant parallel financing [...]