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Nigeria stands at a defining crossroads in its energy journey, abundantly endowed with renewable energy resources from solar, hydropower, and biomass, yet struggling with chronic energy poverty. According to the World Bank (2025), more than 86 million Nigerians remain without electricity, the largest number globally for three consecutive years, while over 175 million people also…

Nigeria’s grid struggles to deliver 5,000 MW to almost 250 million people, making Renewable  Energy critical for electrification, economic growth, and climate goals. Solar and hydro power generate about 8,000 GWh annually, with solar PV growing over 200% and supporting mini-grids, rooftop systems, and rural jobs. Yet, this growth is limited by high-interest rates (up…

More than 86 million Nigerians live without access to electricity, while those connected to the grid face frequent blackouts because the ageing grid is fragile, and incapable of meeting rising demand. Our power crisis remains a major barrier to national growth, affecting millions every day. This widespread energy poverty reduces productivity, hinders small businesses, and…

Nigeria’s clean energy future is stalled not because of technology, but because of finance. With targets for universal electricity access and clean energy adoption, scaling renewable energy has never been more urgent. Yet, one major hurdle stands in the way, the absence of affordable, Naira-based concessional financing for renewable energy projects.

DOWNLOAD HERE: https://rean.org.ng/wp-content/uploads/2025/08/GEAR-WP1-Final-Report-Grid-Efficiency-and-Resilience-4-22-25.pdf

Consultancy  for Policy Brief Development on Naira-Based Concessionary Loans for Renewable Energy (RE) Projects & Low-Income End-Users. The Renewable Energy Association of Nigeria (REAN) invites experienced consultants with expertise in  (RE) finance and policy to submit their expression of interest for the development of a policy brief on naira-based concessionary loans for renewable energy initiatives….

Development of a Policy Brief on Naira-Based Concessionary Loans for Renewable Energy (RE) Projects & Low-Income Electricity End-Users                   1: BackgroundThe Renewable Energy Association of Nigeria (REAN), in partnership with Heinrich Böll Stiftung (HBS), is seeking to develop a policy brief that advocates for the establishment of naira based concessionary loan schemes to enhance access to affordable…

First Electric, a leading provider of solar energy solutions in Nigeria, has signed a landmark cooperation agreement with the Renewable Energy Association of Nigeria (REAN) to facilitate the accessibility of high-quality solar energy components for REAN members under flexible deferred payment terms. This strategic collaboration aims to accelerate the deployment of renewable energy solutions across…

The move to ban solar imports in Nigeria is a decision that demands careful reconsideration. At the Renewable Energy Association of Nigeria (REAN), we understand the government’s intent—to promote local manufacturing, strengthen the economy, and ensure energy security. These are commendable aspirations, ones we wholeheartedly support. However, creating an enabling environment for businesses to thrive…

Lack of electricity in Nigeria critically affects the overall development of its economy. The country has the world’s largest absolute electricity access deficit, with 45 per cent of the population (90 million) lacking access to the electricity grid, a recent World Bank report states. Large disparities exist in access to electricity between urban areas (84…