REA deploys over 100 electricity mini-grids in 3 years
Summary
REA, an implementing agency under the Federal Ministry of Power, is primarily tasked with the electrification of rural and unserved communities.
The Rural Electrification Agency (REA) of Nigeria has said it deployed over 100 electricity mini-grids in three years for inclusive development in the country.
REA, an implementing agency under the Federal Ministry of Power, is primarily tasked with the electrification of rural and unserved communities. Through data-driven and human-centered interventions, the agency continues to partner with frontline stakeholders globally to deliver innovative solutions to power last-mile communities, healthcare institutions, tertiary institutions, market clusters, and agricultural value chains, according to a statement by the agency.
The agency said it has deployed over 100 solar hybrid mini-grids and over 1.6 million solar home systems, catalysing transformative development in last-mile communities in Nigeria, unlocking the economic potential of $9.2 billion per annum and cutting the self-generation cost of $14 billion in 10 years.
REA is participating at the 28th Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC) in Dubai, United Arab Emirates (UAE). The CEO of the agency, Ahmad Salihijo Ahmad, said REA’s presence at COP28 is a testament to its dedication to delivering sustainable and equitable energy access interventions.
Related
-
Friends of the Earth urges Japan to end fossil fuel financing
Japan is financing liquefied natural gas projects in different parts of the world.
-
IFC provides $55 million financing for Scatec Solar in Mozambique
Scatec Solar is a leading developer and owner of large-scale solar plants in Africa, with operations in South Africa, ...
-
Paris-based impact fund makes first investment in Nigeria
With the investment in Rensource, I&P plans to expand its footprint in Anglophone Africa.
Sustainable Development Section Sponsor
-
Access Bank Plc ...Financing the future
Most Popular
_-_300x350-202501141442143232.jpg)
_Charging__Power_Grid_-_300x350-202501141447571577.jpg)