Financing Source: Solar Power Naija (SPN)
From energypedia
Last edited on 15/03/2023 by Kimberly Fahsold
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Key facts
Initative launched by the Federal Government of Nigeria (FGN) as part of the Economic Sustainability Plan (ESP). Financing facility worth $350 million to provide low interest loans. Targeting businesses which are operating along the domestic solar industry value chain (i.e. manufacturing, repair and manintenance, research and development for solar components, distribution and after-sales support of SHS, engineering of mini-grids, ...)
Under the NEP, channeled by REA
Type of financing
- Grant
Technology scope
- SHS
- Minigrid
Target beneficiaries
SME
Geographical scope
Nigeria
Application
Rolling basis
URL
Further information
