Research

Enabling a Nigerian-led Renewable Energy Ecosystem
Nigeria is on the verge of a major mini grid scale up, with federal and development partner programmes targeting hundreds of new systems by 2030 to close the energy access gap and drive rural industrialisation. For civil society organisations and the communities they represent, this moment is critical: access to reliable, affordable energy underpins livelihoods,…

Nigeria’s Renewable Energy Push: Overcoming Barriers in the Delivery of Naira-Based Concessionary Loans
Nigeria is a country blessed with abundant sunlight, wind, and water resources that could power its homes and industries. Yet, energy poverty remains widespread. According to the International Energy Agency (IEA), over 140 million Nigerians, about 71% of the population, lack access to reliable electricity. This energy gap slows economic growth, worsens inequality, and limits…

Mainstreaming Clean Innovative Technologies into Nigeria Agricultural Sectors
Nigeria stands at a defining moment in its agricultural and energy transition journey. Its food systems are under growing pressure from the realities of climate change, persistent rural poverty, and energy insecurity, to the social inequities that continue to burden women and youth who form the backbone of production and processing. Yet, within these challenges…

Policy Brief on Naira-Based Concessionary Financing for Renewable Energy
Nigeria’s renewable energy (RE) sector faces a persistent financing gap, with commercial naira loans priced at 20–35% interest, short tenors, and heavy collateral requirements. Foreign currency loans further expose developers to exchange rate risks. These conditions make most RE projects unviable for developers, investors, and consumers. This policy brief sets out a framework for scaling concessional naira-based finance…

Naira-Based Concessionary Loans for Renewable Energy in Nigeria: Unlocking Inclusive Growth and Energy Access
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 ENERGY SOLUTION: NAIRA- BASED CONCESSIONAL FINANCE
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…

Financing Nigeria’s Renewable Energy Future Must Begin at Home
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 Hinges on Affordable Naira Loans
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.

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

Terms of Reference (ToR)
Formulation & Publication s of Articles on Naira-Based Concessionary Loan for RE Projects & Low-Income Electricity End-Users 1: Background The Renewable Energy Association of Nigeria (REAN), with support from Heinrich Böll Stiftung (HBS), is implementing a project on Policy Brief Development (PBD) focused on promoting Naira – based concessionary loans to accelerate renewable energy (RE) deployment for both…
