REA PARTNERS OKRA FOR SUPER POWER GRANT (SPG)

The Rural Electrification Agency (REA) has entered into partnership with Okra Company. This allows qualified companies under Nigeria Electrification Project (NEP) programme leverage on the SPG as disclosed via a webinar meeting organized by the company on Wednesday, 27th October 2021.

Super Power Grant will award up to $50,000 USD which will assist project developers in deploying an Okra project. The intention of the grant is to enable the developer to experience rolling out Okra Technology under a sustainable business model with a minimum project size of 50 households.

The Technology is also eligible for REA/NEP Solar Home Systems, Output Based Fund (OBF) subsidies, so in addition to the $50,000 grant funding from Okra, developers will be eligible for additional OBF funding. Preference will be given to companies looking for long-term (3-5 years) partnerships with Okra Solar. 

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