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NIGERIAN MARKET REPORT
The Nigerian DRE market is growing rapidly, driven by a high energy access deficit (88.5 million unserved) and a heavy reliance on expensive diesel generators. While the mini-grid and stand-alone solar sectors have seen significant growth and commercialization—supported by major initiatives like the Nigeria Electrification Project (NEP)—barriers remain, including high interest rates (25-35%), currency volatility, and low local manufacturing capacity. Productive Use of Energy (PUE) in agriculture is a key emerging focus, though it remains largely grant-dependent.
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Document type: Report
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