All On Off-Grid Energy Business Report Published
Abuja - The off-grid energy sector in Nigeria holds significant potential to alleviate the country’s electricity crisis and provide decentralised and sustainable energy solutions. However, despite the numerous benefits mini-grids offer, their development in the country remains hampered by policy and regulatory bottlenecks.
The report, compiled by Nextier and funded All-On, a multi-competency advisory firm, which visited 21 mini-grids in 21 communities spread across Nigeria, provides an overview of the Nigerian energy sector, collects qualitative and quantitative data on the off-grid market in 21 communities across 11 states in Nigeria, identifies constraints and opportunities for growth, and offers policy recommendations.
Ms. Folakemi Aletan, Program Manager, Nextier while presenting the report in Abuja on Tuesday stressed on the urgent need for policy reforms to scale up off-grid energy solutions in Nigeria.
She lamented that the total energy demand of many communities exceeds the supply provided by installed mini-grids, and nearly all rural mini-grids fail to meet the 24/7 energy requirements of these communities hence the need to scale up off grid energy.
Caroline Eboumbou, Chief Executive Officer, All On, assured commitment to driving sustainable energy solutions, highlighting the report’s role as a vital resource for stakeholders dedicated to transforming Nigeria’s energy sector.
“Our commitment to driving sustainable energy solutions is stronger than ever, and this report serves as a vital resource for stakeholders, who like us, are dedicated to transforming Nigeria’s energy sector. Together, we can harness the power of innovation and collaboration to ensure a brighter, greener future for all,” she said.
Ms. Onyebuchi Odianjo, Communications Associate, All On, while commending Nextier for the Report, affirmed the need for increased contributions from international development agencies, donors, and investors to fuel the growth of the off-grid market and drive sustainable development.
“This report is not just a document; it is a call to action. By embracing these recommendations, we can stimulate interest and enable investments that will accelerate the deployment of off-grid and clean energy solutions across Nigeria. The report would not have been possible without the invaluable support of our partners, consultants, Nigeria Electrification Project (NEP), Rural Electrification Agency’s (REA), and the cooperation of the mini-grid developers who made it possible for us to collect relevant data that has informed this insightful report.
“Thank you all for your tremendous contributions. This report will inspire significant engagement and drive progress in the sector, Odianjo concluded”.
Visit All On website to download report here
All On, an independent impact investing company, was seeded with funding from Shell, and works with partners to increase access to commercial energy products and services for unserved and underserved off-grid energy markets in Nigeria, with a special focus on the Niger Delta. All On invests in off-grid energy solutions spanning solar, wind, hydro, biomass, and gas technologies deployed by both foreign and local access-to-energy companies that complement available grid power across Nigeria and help bridge its significant energy gap.
To learn more, please visit All On | (all-on.com)
All On Contact: Communications Associate, Onyebuchi Odianjo