Unlocking Private Investment – DARES Project

Nigeria’s renewable energy sector faces a significant financing gap, but initiatives like DARES (Distributed Access through Renewable Energy Scale-Up) are helping to change the narrative.

Designed to unlock over $1 billion in funding, DARES supports mini-grids, interconnected grids, and off-grid solar solutions by combining private investment with donor support. With tools like performance-based grants and risk guarantees, the program is creating real opportunities for developers to scale.

The future of energy access in Nigeria depends on how well stakeholders leverage opportunities like DARES to drive sustainable and impactful solutions.