Financing Source: Output Based Fund for Solar Home Systems (OBF)
From energypedia
Last edited on 13/03/2023 by Kimberly Fahsold
(Date format: DD/MM/YYYY)
Key facts
Output Based Finance = Subsidy that is applied after a pre-determined output has been met and verified. Fixed incentive grants of up to 60% of the system costs. 20% of the grant received will be used to reduce the cost of the end-user product price.
Type of financing
- Grant
Technology scope
- SHS
Target beneficiaries
MSME
Geographical scope
Nigeria
Application
Rolling basis
URL
Further information