International Finance Corp. (IFC) plans up to $16 million in financing for Nigerian developer Virtuitis to build and operate 97 solar minigrids, connecting more than 140,000 off-grid consumers by 2027.
China’s Longi will support the development of a solar panel production factory up to 1 GW in size in Nigeria, after finalizing a strategic partnership with the country’s energy commission.
Nigeria’s Rural Electrification Agency, Infrastructure Corporation of Nigeria and Dutch solar manufacturer Solarge BV are teaming up via a special purpose vehicle to establish and operate a 1 GW solar panel manufacturing facility.
Researchers have demonstrated that the theoretical optimal tilt for rooftop solar energy production in low-cost buildings in Nigeria is approximately 5.67°. Their modeling suggests to adopt south-facing roofs for PV generation in the Global South.
UK-based consultancy GlobalData forecasts that Nigeria may install only 678 MW of solar capacity by 2030. The country is expected to surpass 1 GW in 2033 and reach 1.5 GW by 2035.
Kaduna Electric has signed an agreement to develop a 100 MW solar project with battery storage to strengthen electricity supply across Kaduna, Sokoto, Zamfara and Kebbi states in northern Nigeria.
Konexa, Climate Fund Managers and Norfund have agreed a funding package totaling $3.6 million to support a 50 MW solar plant in Nigeria, alongside new grid connections.
Scientists have developed a system that harvests rainwater running off PV panels for household use or hydrogen production. Their analysis showed that, in the southern Sahel, the system can meet both the energy and water requirements for electrolysis, with surplus rainwater covering up to 50% of a household’s daily water demand.
The Nigerian government plans to ban solar panel imports to boost domestic production, but the Centre for the Promotion of Private Enterprise, a Lagos-based consultancy, warns the country is unprepared for such a restriction.
Nigeria’s Rural Electrification Agency has entered into an agreement with Oando Clean Energy for a 1.2 GW project consisting of an off-grid power plant, mesh electricity generation, interconnected power grid and solar manufacturing power plant. A 600 MW line is scheduled to be rolled out next year.
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