Nigeria — Africa Energy Intel | Africa Energy Intel

Market primer

structure, counterparties and bankability context

Region / power pool	Western Africa · WAPP
Main offtaker	NBET / Discos
Regulator	NERC
PPA framework	Not yet researched
Currency / convertibility	NGN · Not yet researched
GDP per capita	$1,224 (2025, World Bank)
Sovereign ratings	Moody’s — · S&P — · IMF DSA —
Last updated	pending

Installed renewables

2015–2024, MW (IRENA)

Deals

every row source-linked

Date	Deal	Type	$m	Conf
2026-07-16	Sterling Solar Financing Hubs (StarTimes retail partnership)	corporate_debtpledge	1	B
2026-07-10		grant	2	C
2026-07-09		grantpledge	2	C
2026-07-02	2026 Off-Grid Energy Challenge	grantpledge	1	A
2026-06-30	CrossBoundary Access Expansion	equity_raise	10	A
2026-06-29	Mission 300	grant	1,400	A
2026-06-29	Taraba State Development Projects	corporate_debt	268	A
2026-06-26	WeLight Corporate Equity	equity_raise	—	A
2026-06-25	d.light PAYGo Securitisation (LSE Green Bond)	project_finance	50	A
2026-06-25	EBID Renewable Energy Financing Package	guarantee_facility	100	B
2026-06-25	Zafiri Renewable Energy Access Initiative	grantpledge	176	B
2026-06-24	CrossBoundary Access decentralized energy platform	equity_raise	10	A
2026-06-24	WeLight Expansion (Nigeria/DRC)	equity_raise	—	C
2026-06-18	CREI Renewable Energy Platform	corporate_debt	90	A
2026-06-08	Daystar Power / Sterling Bank solar financing scheme	corporate_debt	—	B
2026-06-06	Daystar Power-Sterling Bank Solar Financing Scheme	guarantee_facilitypledge	—	A
2026-05-27	Grand Katsina-Ala Hydropower Project	project_finance	1,500	A
2026-05-18	Nigeria-Germany renewable energy investment package	equity_raise	428	B
2026-05-14	Nigeria-Germany Development Partnership	guarantee_facilitypledge	428	A
2026-05-13	FCMB renewable energy access financing pool	corporate_debt	188	B
2026-05-12	Nigeria Actions for Investment and Jobs Acceleration	corporate_debt	1,250	B
2026-05-05	Nigeria Mini-Grid Energy Access Drive	project_finance	83	A
2026-04-28	PowerLabs	equity_raise	—	A
2026-04-27	Aliko Dangote University of Science and Technology solar mini-grid project	grant	3	B
2026-04-27	Kano, Jos, Ikeja DisCos Debt Restructuring	refinancing	230	A
2026-04-25	Nigeria DARES off-grid renewable energy companies	corporate_debt	83	B
2026-04-23		project_finance	425	C
2026-04-22	Distributed Access through Renewable Energy Scale-Up (DARES) program	grantpledge	750	B
2026-04-13	Sterling Bank	corporate_debt	13	B
2026-04-11	Starsight Energy Africa Group	corporate_debt	15	B
2026-03-31	P-REC Aggregation Facility	grant	11	A
2026-03-30	P-REC Aggregation Facility	guarantee_facility	11	A
2026-02-28	Rural Electrification Agency (REA)	grant	1	A
2026-02-28	Renewable Energy Service Companies (via REA)	corporate_debt	65	A
2026-02-12	Delta40 Venture Studio Fund	equity_raise	20	A
2026-02-06	Katsina State Distribution Infrastructure	corporate_debt	2	—
2026-02-04	Presidential Power Sector Debt Reduction Programme	refinancing	300	A
2026-01-30	Aradel Energy Strategic Growth Financing	project_finance	250	A
2026-01-27	National Climate Change Fund / Climate Investment Platform	grant	2,000	B
2026-01-27	Niger State Government	corporate_debt	163	B
2026-01-27	First Electric Mesh-Grid Project	project_finance	—	A
2026-01-27	First Electric Mesh-Grid Project	corporate_debt	—	A
2026-01-14	Nigeria Energy Transition Fund	equity_raisepledge	2,000	C
2025-12-29	Fused Vision	equity_raise	120	B
2025-12-29	Kebbi Renewable Energy and Agro-Industrial Investments	grant	200	B
2025-12-24	PowerGen Renewable Energy Expansion	corporate_debt	50	A
2025-12-14	Katsina-Ala Hydropower Plant	project_finance	878	B
2025-12-12	Off-Grid Solar Expansion	equity_raise	40	A
2025-12-11	CardinalStone Asset Management	corporate_debt	35	B
2025-11-30	ICE Solar	equity_raise	0	B
2025-11-30	Nigeria–Germany Energy Transition Cooperation	grant	21	B
2025-11-30	Lagos State Government	corporate_debt	140	B
2025-11-30	Energy Commission of Nigeria (ECN) / UNIDACO Limited	equity_raise	116	B
2025-11-25	Powering Prosperity Platform (Series E)	equity_raisepledge	400	A
2025-11-25	Husk Power Africa Expansion	equity_raisepledge	400	A
2025-11-22	A2E Fund 7th Edition	grantpledge	1	A
2025-11-11	CEESOLAR Off-Grid Solar Hybrid Mini-Grids (Cross River State)	guarantee_facility	—	A
2025-11-10	Virtuitis 97 Solar Minigrids (DARES)	corporate_debt	16	B
2025-10-31	Epe Waste-to-Energy Plant	project_finance	130	A
2025-10-26	Kainji Floating Solar Project	project_financepledge	1,100	A
2025-10-21	EU Nigeria Renewable Energy Support Package	grantpledge	216	B
2025-10-19	Kano, Katsina & Jigawa State Govts / Future Energies Africa	grant	35	B
2025-10-14	NREIF 2025 Renewable Energy Manufacturing Investment Package	grantpledge	435	A
2025-10-14	NREIF Renewable Energy Manufacturing Investment Agreements	project_financepledge	435	B
2025-10-13	Rana Energy Pre-Seed	equity_raise	1	A
2025-10-13	Rana Energy Green Debt	corporate_debt	3	A
2025-10-11	Rana Energy	equity_raise	3	B
2025-10-08	Government of Nigeria	grant	400	B
2025-10-07	Granville Energy & Mainstream Energy Solutions Ltd	equity_raise	110	B
2025-10-07	Nigeria Super Grid	corporate_debt	2,000	B
2025-10-04	Taraba State 50 MW Solar PV Power Plant	project_finance	98	A
2025-10-01	Government of Nigeria / TETFund	grant	48	B
2025-09-29	Jigawa State Government (SI-SS Programme)	grant	1	B
2025-09-29	Koolboks	equity_raise	11	B
2025-09-29	Odyssey Energy Solutions	corporate_debt	8	B
2025-09-19	Mopo Expansion	equity_raise	15	A
2025-09-04	Africa Solar Facility	grantpledge	200	B
2025-09-03	Distributed Renewable Energy Nigeria Fund	project_financepledge	500	B
2025-09-01	Koolboks Series A	equity_raise	11	A
2025-08-31	Nigeria Power Grid Upgrades	project_financepledge	424	B
2025-08-24	Apo, Keffi and Apapa substation upgrades	grant	32	B
2025-08-22	Nigeria transmission network upgrade	corporate_debt	238	B
2025-08-21	Energy Transition and Investment Plan (ETIP 2.0)	corporate_debtpledge	6,090	A
2025-08-21	Delta State Government; Rural Electrification Agency	project_financepledge	158	C
2025-08-11	National Public Sector Solarisation Initiative	corporate_debt	67	B
2025-08-01	Government of Nigeria	corporate_debt	190	B
2025-07-10	enee.io	equity_raise	0	B
2025-07-10	Transmission Company of Nigeria	grant	1	B
2025-06-26	Nigeria Solar for Health Project (NISHP)	grant	12	B
2025-06-26	EU Global Gateway Investment	corporate_debt	322	B
2025-06-19	Rural Electrification Agency (REA) & First City FCMB)	corporate_debt	68	B
2025-06-19	Nigeria Solar for Health Project (NISHP)	grant	11	B
2025-06-19	Nigeria (Federal Government)	corporate_debt	34	B
2025-06-18	Federal Government of Nigeria	grant	21	B
2025-05-30	Development Bank of Nigeria	corporate_debt	250	B
2025-05-30	Nigerian Climate Investment Platform (NCIP)	corporate_debt	500	B
2025-05-30	FBN Infrastructure Fund Programme (Series 1 Offer)	corporate_debt	13	B
2025-05-30	Salpha Energy	corporate_debt	1	B
2025-05-29	Nigerian Capital Development Fund (NCDF)	corporate_debt	1,000	B
2025-05-29	Konexa, Climate Fund Managers (CFM), Norfund	corporate_debt	80	B
2025-05-29	Sun King (formerly Greenlight Planet)	corporate_debt	80	A
2025-05-29	Husk Power Energy Systems Nigeria Limited	corporate_debt	5	B
2025-04-17	Arnergy Solar	equity_raise	18	B
2025-04-16	Genesis Energy Holding	equity_raise	500	B
2025-03-31	Government	corporate_debt	500	B
2025-03-26	Rivy	corporate_debt	4	B
2025-03-01	Gombe State government	grant	1	B
2025-03-01	Federal Government of Nigeria	corporate_debt	750	B

Project pipeline

Project	Tech	MW	Status
Nigeria Integrated Energy & Lithium Framework	Hybrid	4,000	early_development
Northern Modular Solar Power Plants Program	Solar	1,900	early_development
Husk Power Nigeria Renewable Rollout Programme	Hybrid	1,000	early_development
Presidential Power Initiative (Phase 1, Batch 1)	Grid	1,000	construction
JinkoSolar-Fouani Nigeria Distributed Generation Framework	Solar	500	early_development
Grand Katsina-Ala Hydropower Project	Hydro	460	ppa_signed
Dangote Refinery Captive Power Plant	Gas	435	operational
Kaduna Electric 100 MW Solar Project with BESS	Hybrid	100	late_development
Kainji Floating Solar Project	Solar	100	early_development
Niger State Solar Project	Solar	100	early_development
KEDCO J-Marine Kaduna Solar Project	Hybrid	100	early_development
Distributed Access through Renewable Energy Scale-Up (DARES) & Nigerian Electrification Project (NEP)	Solar	94	operational
Benue Waste-to-Energy Project	Other	90	construction
Port Harcourt Refinery IPP	Gas	84	operational
Vsolaris Minigrid Portfolio	Solar	64	operational
EcoFarm-SolarContainer Nigeria Solar Project	Solar	60	early_development
50 MW Solar PV Plant in Jalingo	Solar	50	early_development
Taraba State 50 MW Solar PV Power Plant	Solar	50	early_development
Kashimbilla Hydropower Plant	Hydro	40	operational
First WATT–MTN Nigeria Solar and Storage Deployment	Hybrid	34	early_development
Katsina State Renewable Energy Roadmap	Solar	30	operational
Akute IPP	Other	26	ppa_signed
Island Power / Peninsula Integrated Power Project	Other	21	ppa_signed
Egume Mini-grid Project	Solar	20	construction
Adamawa Solar Mini-Grid	Solar	14	construction
Haske Solar Plant	Solar	10	operational
ABU Zaria 10MW Renewable Energy Project	Solar	10	early_development
Isolo Power Gen Limited Embedded Generation Project	Other	9	late_development
Mainland Power Plant	Other	9	ppa_signed
Kofare Interconnected Mini-grid Project	Solar	8	construction
AKTH Solar Power Project	Solar	7	operational
UNILAG floating solar project	Solar	7	early_development
Ikere Gorge Hydropower	Hydro	6	ppa_signed
Axxela Limited Off-grid Generation Project	Other	6	late_development
Makarfi 1 Interconnected Mini-grid Project	Solar	4	late_development
Saminaka Interconnected Mini-grid Project	Solar	3	construction
ADUSTECH Wudil solar hybrid mini-grid	Hybrid	2	construction
Omi-Kampe Hydropower	Hydro	2	ppa_signed
Trapco Interconnected Mini-grid Project	Solar	2	construction
Federal University Lokoja Solar Hybrid System	Solar	2	operational
BAT Nigeria Ibadan Factory Solar System	Solar	1	operational
Olam Agri–Husk Power Solar Hybrid Project	Hybrid	1	early_development
Polysmart Group Solar Power System	Solar	1	operational
Nasarawa State Secretariat Solar Plant	Hybrid	1	operational
Mbamba Interconnected Mini-grid Project	Solar	1	construction
CEESOLAR Off-Grid Solar Hybrid Mini-Grids (Cross River State)	Hybrid	1	financing
ROGEAP Nigeria Public Institution Solarisation	Solar	1	tendered
First Electric Mesh-Grid Project	Solar	1	construction
Offa Community Mini-grid	Solar	1	operational
ROGEAP Nigeria Pilot Project	Solar	1	tendered
Balanga Dam Small Hydropower-Solar PV Hybrid System	Hydro	1	operational
Emewe Efopa Community Mini-grid	Solar	0	operational
UN House Abuja Solar Microgrid	Hybrid	0	operational
Zurmi General Hospital Solar System	Solar	0	operational
Abuja Steel Mills Solar Project	Solar	—	early_development
Distributed Access through Renewable Energy Scale-up (DARES)	Solar	—	early_development
Energizing Education Programme (EEP) - Modibbo Adama University	Solar	—	early_development
Light Up Nigeria - Kano Industrial Solar Pilot	Solar	—	early_development
Nigeria: Contractor wins major hydro unit rehabilitation deal		—
Transcorp Energy Abuja Interconnected Mini-grid Project	Solar	—	late_development
UMZA Rice Mills Hybrid Solar Project	Hybrid	—	operational
Solar-Powered Digital Libraries Initiative	Solar	—	early_development
Safe Space Energy Katsina Project	Other	—	construction
Ignite Energy Access School Electrification Pilot	Solar	—	operational
Virtuitis 97 Solar Minigrids (DARES)	Hybrid	—	early_development
Virtuitis 97 Minigrids (DARES)	Hybrid	—	early_development
Epe Waste-to-Energy Plant	Other	—	early_development
Nigeria Super Grid	Grid	—	early_development
Dutse Ultra-Modern Market Solar Electrification	Solar	—	operational
Haske PV plant	Solar	—	operational

Tariffs & policy

2026-07-15	National Hydrogen Policy Energy Commission of Nigeria; Federal Ministry of Power
2026-07-01	Net Billing Regulations 2026 Nigerian Electricity Regulatory Commission (NERC)
2026-06-01	National Guidelines for Interconnecting Solar Mini-Grids to Distribution Networks Nigerian Electricity Management Services Agency; Federal Ministry of Power
2026-05-21	Enugu State Electricity Policy Enugu State Government
2026-05-09	Lagos State Electricity Licensing Round 2026 Lagos State Electricity Regulatory Commission (LASERC)
2026-05-06	Green Finance and Investment Facility (DARES) Rural Electrification Agency
2026-04-28	NERC Mini-Grid Regulations 2026 Nigerian Electricity Regulatory Commission (NERC)
2026-04-27	Proposed ban on photovoltaic solar panel imports Federal Government of Nigeria
2026-04-27	Proposed ban on photovoltaic solar panel imports Federal Government of Nigeria
2026-03-25	Mining Sector Reform and Regional Corridor Initiative Ministry of Solid Minerals Development
2026-03-23	SOP for Unauthorised Access NERC
2026-03-12	Grid Asset Management Company (GAMCO) Initiative Federal Government of Nigeria; Ministry of Finance Inc.; Niger Delta Power Holding Company
2026-03-09	Standard Operating Procedure (SOP) for Amended Order on Unauthorised Access Nigerian Electricity Regulatory Commission (NERC)
2026-02-25	BPE Power Sector Restructuring and Asset Optimization Plan 2026 Bureau of Public Enterprises (BPE)
2026-02-04	Federal University of Environment and Technology (FUET) Establishment Federal Ministry of Education
2026-01-27	Electricity Value Chain VAT Zero-Rating Federal Ministry of Power
2026-01-27	Cassava Bioethanol Value Chain Development Project Federal Ministry of Budget and Economic Planning
2026-01-26	Free Prepaid Metering Directive Federal Ministry of Power; NERC
2026-01-22	Small Dams Hydropower Conversion Initiative Ministry of Power; Energy Commission of Nigeria (ECN)
2026-01-15	2026 Green Bond Issuance Plan Federal Government of Nigeria
2026-01-14	National Carbon Market Activation Policy Federal Government of Nigeria
2026-01-13	Nigeria-UAE Comprehensive Economic Partnership Agreement (CEPA) Federal Government of Nigeria; UAE Government
2026-01-05	Nigeria Tax Administration Act (NTAA) 2025 – Power Sector Provisions Federal Government of Nigeria
2026-01-05	NERC Order on Capping of Estimated Bills Nigerian Electricity Regulatory Commission
2025-12-18	Guidelines on the Commercial Framework for Interconnected Mini-Grids, 2025 Nigerian Electricity Regulatory Commission
2025-12-11	SHP Project Preparation Programme AP3; UK PACT
2025-12-02	National Industrial Policy (NIP) 2025-2035 Federal Ministry of Industry, Trade and Investment (FMITI)
2025-11-27	Minimum Capital Adequacy Requirement for DisCos Ministry of Power; NERC
2025-11-02	National Carbon Market Framework National Council on Climate Change (NCCC); Federal Government of Nigeria
2025-10-28	Targeted Electricity Subsidy and DisCo Capital Adequacy Framework Federal Ministry of Power
2025-09-26	State Electricity Market Regulatory Autonomy Federal Government of Nigeria
2025-09-24	5% Fossil Fuel Levy (Tax Law, 2026) Federal Government of Nigeria; President Bola Tinubu; Federal Inland Revenue Service; National Climate Change Council
2025-09-24	Draft Net-Billing Regulation (2025, public consultation) Nigerian Electricity Regulatory Commission (NERC); NEMSA; COREN
2025-09-24	Ibile Energy Corporation Law (proposed, 2025) Lagos State House of Assembly; Committee on Energy & Mineral Resources; Lagos Commissioner for Energy & Mineral Resources
2025-09-24	National Energy Master Plan (NEMP) & Implementation Committee (NEMiC) Energy Commission of Nigeria (ECN); Ministry of Innovation, Science & Tech; NEMiC; Presidential CNG Initiative (PCNGi); UNDP; UNIDO
2025-09-24	Pay-As-You-Go Electricity Payment Reform Federal Government of Nigeria; Ministry of Finance; Ministry of Power; DisCos (KEDCO, others)
2025-09-04	Draft Net Billing Regulation Nigerian Electricity Regulatory Commission (NERC)
2025-08-20	Abia State Electricity Law 2025 Abia State Government
2025-08-13	NNPC-PTDF Renewable Energy R&D and Human Capital Partnership NNPCL; PTDF
2025-08-13	REA-UNDP Strategic Partnership for Clean Energy Transition United Nations Development Programme (UNDP); Rural Electrification Agency (REA)
2025-07-01	Electricity Act (EA) 2023 Nigerian Electricity Regulatory Commission (NERC)
2025-06-01	Architect's ban on the use of used air conditioners and refrigerators (Proposed) United Nations Environment Programme (UNEP) - Nigeria Sustainable Cooling Project (AGORA project)
2025-05-08	National Integrated Electricity Policy President Bola Tinubu, Federal Executive Council, Minister of Power Adebayo Adelabu
2025-05-04	Gombe State Electricity Law 2025 Governor Muhammadu Inuwa Yahaya, Gombe State House of Assembly, Gombe State Electricity Regulatory Commission (GSERC)
2025-03-10	National energy compact Ministry of energy

Generation mix

2026-04 · % of generation (Ember, CC-BY) · monthly, auto-refreshed

Hydro39.7%

Fossil60.3%

Clean share, 2024-02 → 2026-04

Recent coverage

from the archive

2026-07-17	Ask anyone who's installed solar in Nigeria what went wrong. You'll hear the same few stories. A system that couldn't carry the load. A quote that grew mid-project. An installer who stopped answering calls the day after Capacity online — execution track record for the sponsor and market; builds on prior coverage — trace "carry" in Storyline for the history
2026-07-17	Fox ESS Expo \| Nigeria 🇳🇬⚡ That's a wrap on Solar & Storage Live Africa in #Nigeria 2026 in Lagos! 🎉 This time, Fox ESS Africa was estanblishing connections with electrical EPC partners, installers to explore smarter sol builds on prior coverage — trace "electrical" in Storyline for the history
2026-07-17	Yesterday, the Youth Sustainable Development Network (YSDN) signed a Memorandum of Understanding with the Rural Electrification Agency of Nigeria, further strengthening our work around clean energy adoption, market readi The MoU establishes a framework for YSDN and Nigeria's REA to collaborate on clean energy capacity building and community-level deployment, though no specific funding or project capacities were disclosed.
2026-07-17	StarCharge participated in Solar & Storage Live Nigeria 2026. ⚡ We focused on residential storage and high-power DC charging, offering tailored all-in-one PV-storage-charging solutions for West Africa’s off-grid power sh builds on prior coverage — trace "participated" in Storyline for the history
2026-07-17	Join the Conversation on Africa's Renewable Energy Future Wind, biogas, and small-scale hydropower play a critical role in building a more resilient, diversified, and sustainable energy future for Africa. The Nigeria Win builds on prior coverage — trace "small-scale" in Storyline for the history
2026-07-17	Nigeria's Renewable Energy Moment: What the Numbers Are Telling Us? builds on prior coverage — trace "Numbers" in Storyline for the history
2026-07-17	EMPAN at Solar & Storage Live Nigeria 2026 The Electric Mobility Promoters Association of Nigeria (EMPAN) was proud to participate in Solar & Storage Live Nigeria 2026, one of the country’s leading gatherings for renewab builds on prior coverage — trace "Mobility" in Storyline for the history
2026-07-17	Nigeria must build, not just buy, clean energy technologies – NASENI EVC NASENI is formalizing its '3Cs' strategy to shift Nigeria from an importer of solar technology to a manufacturing hub, specifically highlighting the development of the Gora Solar Industrial Park to localize production of panels and batteries.
2026-07-16	Sterling Bank, StarTimes Deepen Renewable Energy Partnership with Solar Financing Hubs Across Nigeria Sterling Bank is scaling embedded consumer solar financing through StarTimes' retail network to ₦2bn (~US$1.3m) by end-2026, a distribution-channel model worth watching for other Nigerian banks/DFIs targeting off-grid household demand, though the ticket sizes are consumer-retail, not project-finance scale.
2026-07-16	NASENI Boss Urges Nigeria to Manufacture, Not Just Import, Clean Energy Technologies builds on prior coverage — trace "NASENI" in Storyline for the history
2026-07-16	Every successful project starts with meaningful conversations. Great discussions, valuable insights, and new opportunities at Solar & Storage Live Nigeria. Africa's energy transition is accelerating, and the future will builds on prior coverage — trace "valuable" in Storyline for the history
2026-07-16	⚠️ Nearly 600 million people across Sub Saharan Africa still live without access to electricity, making reliable and affordable energy one of the region's greatest opportunities. At Solar & Storage Live Nigeria, our Poli Rule change — moves project economics and bankability for everyone in the market; builds on prior coverage — trace "making" in Storyline for the history
2026-07-16	Fox ESS Expo \| Nigeria 🇳🇬⚡ That’s a wrap on Solar & Storage Live Nigeria 2026 in Lagos! 🎉 At Booth H1.44, Fox ESS Africa connected with partners, installers, and energy professionals to explore smarter solar and storage builds on prior coverage — trace "installers" in Storyline for the history
2026-07-16	Thank you to everyone who visited our booth at Solar & Storage Live Nigeria 2026 in Lagos. It was a pleasure connecting with installers, distributors, industry professionals, and renewable energy enthusiasts from across builds on prior coverage — trace "Lagos" in Storyline for the history
2026-07-15	A Great Two Days in Lagos As Solar & Storage Live Nigeria 2026 comes to a close, we leave with more than just a few busy days; we leave with new ideas, valuable conversations, and stronger connections across the industry builds on prior coverage — trace "leave" in Storyline for the history