Communique: REAN Organizes 2-Day Conference to Ease Adoption and Investment for Renewable Energy Projects in Nigeria

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November 30, 2023

A 2-Day Conference to Ease Renewable Energy Adoption and Investment Matchmaking for Renewable Energy Projects

The Renewable Energy Association of Nigeria (REAN) has recorded a great stride in organizing its annual 2023 Renewable Energy Conference (#REC2023). With support from the Heinrich Boll Foundation and All On, REAN hosted its annual 2023 conference from 21st to 22nd November 2023, in Abuja, Nigeria.

The 2-day conference, themed “Transforming Energy Finance: Bridging Gaps and Building Opportunities,” took place at the Bon Hotel Elvis in Abuja. This year’s conference aimed at identifying strategies and consumer financing models to ease renewable energy (RE) adoption for SMEs and low-income electricity consumers. The hybrid event hosted about 208 in-person and online participants within two days.

REAN welcomed a diverse array of renewable energy stakeholders and delegates from government offices, the private sector, development partners, sector associations, and its member companies. The conference proved to be a vital platform that brought together key stakeholders, investors, experts, and enthusiasts in the renewable energy sector.

The objectives of this 2023 annual conference were as follows:

  1. To deliberate and explore ways to accelerate the adoption of renewable energy for Nigerian SMEs and citizens.
  2. To inspire and challenge renewable energy experts and local financial institutions to develop financial products to help consumers easily transition from fossil generators to renewables.
  3. To explore and identify strategies that will enable the increased adoption of renewable energy solutions through effective consumer finance, investment support, and stakeholder collaboration.
  4. To match REAN members with local and international investors to secure partnerships and funding for pipeline projects leading to successful implementation, business growth, increased renewable energy development, and sector growth.

To download the conference’s communiqué, click here