Abel Gaiya: Created page with "{{Financing SourcesDB |FS title=Distributed Access to Renewable Energy Scale-up Project (DARES) |FS facts=The $750 million DARES facility is funded by the World Bank and imple..."

2024-11-15T13:49:28Z

Created page with "{{Financing SourcesDB |FS title=Distributed Access to Renewable Energy Scale-up Project (DARES) |FS facts=The $750 million DARES facility is funded by the World Bank and imple..."

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{{Financing SourcesDB
|FS title=Distributed Access to Renewable Energy Scale-up Project (DARES)
|FS facts=The $750 million DARES facility is funded by the World Bank and implemented by the Rural Electrification Agency (REA) to provide technical assistance to Renewable Energy Service Companies (RESCOs) and supply-side subsidies for Solar Home Systems (SHS), mesh-grids and isolated and interconnected mini-grids to enable 17.5 million Nigerians to access electricity. Subsidies are paid in USD. Subsidy value depends on sites' Supply-Side Subsidy Index (for SHS) & site viability scoring (for mini grids).
|FS type grant=Grant
|FS scope shs=SHS
|FS scope minigrid=Minigrid
|FS scope other=Other
|FS beneficiaries=Solar Home Systems (SHS) companies, mesh grid companies and mini-grid companies.
|FS geographical=Nigeria
|FS application=Application window
|FS url=https://nep.rea.gov.ng/how-to-apply-on-dares/
}}

Financing Source/80 - Revision history

Abel Gaiya: Created page with "{{Financing SourcesDB |FS title=Distributed Access to Renewable Energy Scale-up Project (DARES) |FS facts=The $750 million DARES facility is funded by the World Bank and imple..."