The World Bank expects a boom in Nigeria's minigrid sector as the multilateral development bank and Nigerian government introduce an auction as part of a five-year, $550 million minigrid tender. The tender is part of a minigrid and solar home electrification program that has been running since June. Speaking at an industry conference held … [Read more...]
Researchers at the University of Rwanda and Colorado State University's (CSU) Energy Institute have joined forces to create microgrids that will provide energy access to rural, off-grid communities in Rwanda and across Sub-Saharan Africa. Rwanda's government estimates that only 20 percent of the population has access to reliable, safe … [Read more...]
A US$9.2 billion a year market opportunity for minigrids and home solar PV systems is expected to save Nigerian homes and businesses $4.4 billion per year in energy spending, as well as dramatically improve human and environmental health and safety, according to a market study produced by Nigeria's Rural Electrification Agency (REA), Rocky Mountain … [Read more...]
The World Bank explains how mini-grids are accelerating electricity access for the rural poor and describes programs and funding to help. The World Bank will delve deeper into the topic at "Upscaling Mini Grids for Least Cost and Timely Access to Electricity Services," which will be held in Nairobi, Kenya on May 23-27. About 1.2 billion people … [Read more...]
Rocky Mountain Institute’s Andrew Allee describes a problem arising out of electrification in Nigeria. Minigrids are electrifying rural areas, but residents do not benefit if they cannot afford appliances.
This paper, based on interviews with prominent developers, financiers and research reports, examines the evolution of microgrid financing and the obstacles to gaining financing.
It also provides concrete advice for developers about how to get microgrid projects financed. Download now to learn more.
Copyright © 2019