Financing
Programs

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REA NEP Output Based Grant Program (SHS)

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring

  • Countries: Nigeria
  • Total funding available: $60 M
  • Expected number of connections: 1,500,000 households and micro-enterprises (across the NEP SHS Component)
  • Type of projects: Solar Home Systems

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Implemented in partnership with the World Bank, the SHS component of NEP aims to help capable solar providers reach more rapidly underserved Nigerian households and micro enterprises (MSMEs) and provide access to better energy services at a lower cost than their current service. The target beneficiaries are those that lack connection to energy services and do not expect a connection in a timely manner or suffer from unreliable and expensive power.

REA NEP Performance Based Grant (PBG)

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring

  • Countries: Nigeria
  • Total funding available: $80 M
  • Expected number of connections: 300,000 households & 30,000 local enterprises (across the NEP Solar Hybrid Mini Grids Component)
  • Type of projects: Mini-grids

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Implemented in partnership with the World Bank, the Mini Grid Performance-Based Grants (PBG) Program aims to close the viability gap for mini grids developed on a spontaneous basis. Grants of US $350/connection are available on a first-come, first-served basis. Eligible projects are solar and solar hybrid systems in unserved areas, with generation capacity of not more than 1MW.

ESSOR

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring

  • Countries: Democratic Republic of Congo
  • Expected number of connections: 45,000 connections
  • Type of projects: Mini-grids

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The ESSOR program is funded by DFID and aims to accelerate, optimize, and standardize private sector mini-grid development in the Democratic Republic of the Congo.

REA Interconnected Mini-grid Acceleration Scheme (IMAS)

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring

  • Countries: Nigeria
  • Total funding available: EUR 3 M
  • Expected number of connections: 15,000
  • Type of projects: Interconnected Mini-grids

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The IMAS aims at providing a minimum of 75,000 people or 15,000 customers (incl. residential, public, commercial or productive users using single phase or three-phase effective connections ) with access to reliable electricity services at an affordable tariff via privately-led solar interconnected mini grid projects in Nigeria by September 2020. The selected bidders will be supported with partial capital (in-kind) grants and technical assistance on project development provided by the REA (using funding from NESP).

REA Mini-grid Acceleration Scheme

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring
  • Countries: Nigeria
  • Total funding available: EUR 6 M
  • Expected number of connections: 21,000
  • Type of projects: Mini-Grids with Productive Uses

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The Mini-grid Acceleration Scheme (MAS) will aim at providing a minimum of 21,000 customers (including residential, public, commercial or productive users using single phase or three-phase effective connections) with access to reliable electricity services at an affordable tariff via privately-led off-grid solar mini-grid projects in Nigeria by the end of July 2020. MAS focuses on productive use business models.

ECREEE – 3rd Call of the ECOWAS Renewable Energy Facility (EREF)

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring
  • Countries: Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, the Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo
  • Total funding available: $1.2 M
  • Expected number of connections: 1,000
  • Type of projects: Mini-Grids

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The third ECOWAS Renewable Energy Facility (EREF) aims to create a favourable investment and business environment which leads to accelerated deployment and use of RE&EE technologies and services in per-urban and rural areas of West Africa. This EREF call provides non-reimbursable co-funding grant for the capital expenditure in clean energy mini-grids in rural and peri-urban areas including those initiatives that support productive uses of electricity (PUE).

The Nigeria Electrification Project – Minimum Subsidy Tender

Live in Odyssey  /  Evaluation  /  Award Granted  /  Under Construction  /  Monitoring

  • Countries: Nigeria
  • Total funding available: $70 M
  • Expected number of connections:
  • Type of projects:

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Implemented in partnership with the World Bank, the Mini Grid Minimum Subsidy Tender aims to kick-start the Nigerian market and catalyze mini grid deployment at scale. Mini grid developers will compete on the basis of quality (technical proposal) and price (minimum subsidy requirement) to build, own, and operate solar hybrid mini grids. The REA will provide the minimum subsidies required to the successful proposers. The REA has prioritized 250 sites to be tendered, spread across four states: Niger, Sokoto, Ogun, and Cross River states.

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We are continually launching new financing programs in new countries!

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