Germany’s DFI Grants Funding for Solar Micro-Grids in Nigeria 

micro-grids.

Through the Up-Scaling Program, DEG finances innovative investments of small and medium-sized enterprises in developing countries in partnership with Germany’s Federal Ministry for Economic Cooperation and Development. According to a press release from Husk Power Systems, the company currently operates 12 micro-grids in Nigeria and is aiming to expand this number to 500 by 2026.

The off-grid market in Nigeria has rapidly expanded in recent years, able to deliver electricity to rural and dispersed populations, help meet carbon reduction goals and avoid the construction of capital-intensive transmission lines.

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Energy Capital & Power

Energy Capital & Power is the African continent’s leading investment platform for the energy sector. Through a series of events, online content and investment reports, we unite the entire energy value chain – from oil and gas exploration to renewable power – and facilitate global and intra-African investment and collaboration.
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