Nigeria Off-Grid Solar Knowledge Hub - News
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Distributed Access to Renewable Energy Scale-up Project (DARES)
15 November 2024
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).
RAISEAfrica
03 January 2024
RAISEAfrica is a comprehensive initiative that includes both pre-acceleration and acceleration programs, specifically designed for the renewable energy sector in Africa. The initiative is set to support and scale up renewable energy-focused projects within the African startup ecosystem by providing opportunities and a platform for young innovators to voice their ideas.
Restart Catalyst
03 January 2024
Restart Catalyst is an investment initiative that will invest in early stage enterprises in East Africa that work on impact-led solutions for a sustainable and inclusive climate-resilient future for all.
ARCH Africa Renewable Power Fund (ARPF)
17 August 2023
ARCH Africa Renewable Power Fund’s mission is to create long term value for its stakeholders while addressing the African market’s growing demand for reliable, clean and cost-effective electricity generation.
Empower New Energy
17 August 2023
Invests in grid tied and off-grid projects, typically in the range 1-20 MW. The technology is mainly solar PV with or without storage, but other renewable technologies like small-scale wind turbines or bioenergy are also part of our scope. Focus is on serving energy users in the commercial, industrial and agricultural sectors, but also works with local energy utilities and communities.
Odyssey Procure
17 August 2023
One-stop-shop for equipment procurement, financing, and supply-chain support.
Digital Energy Challenge
17 August 2023
Each year the Challenge will award 2 to 3 utility and technology/service provider partnership projects and 5 to 8 start-up projects. An annual budget of €1.8 M will enable grant-based funding, technical assistance and strategic guidance.
Business & Energy School
17 August 2023
The Business & Energy School is a two-years pre-incubation program that offers a range of courses from the Advanced Professional Diploma to MBA level. The aim of the program is to help students develop a product and business model that is economically viable, technically feasible and technologically innovative. Provides opportunity to obtain funding designed specifically to support the initiation and large-scale marketing of projects through the Energy Generation Seed Fund.
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