Solar Nigeria Program (SN) will fund reputable solar energy companies in Nigeria by giving them additional $16.17m to assist their ongoing projects, The Guardian reported.
SN’s Private Sector Coordinator, Ifunanya Nwandu, announced the company’s action at a renewable energy forum organized by “Power for ALL“ late March in Abuja.
According to Energy Mix Report, SN, which was launched in 2014, is funded by the Department for International Development (DFID). The program is expected to be finalized by 2020 with the directive to provide grants and technically assist companies providing household solar technologies in Nigeria.
Nwandu noted that the grant would help strong companies to accelerate their expansion to provide solar energy for 25m Nigerians.
“SN has also improved energy access for over 1.5m people since it commenced operation in 2014,” she added. As Nwandu further explained, this was possible by accelerating the private markets for off-grid solar solutions.
Through the utilization of the $47.6 provided by DFID, the program has delivered solar installations in 175 schools and 11 clinics in Lagos and 34 primary health clinics in Kaduna.