Hybrid Solar Solutions Provider Daystar Power Secures $38 Million in Series B Funding

Hybrid Solar Solutions Provider Daystar Power Secures $38 Million in Series B Funding

Daystar Power, a Nigeria-based hybrid solar power solutions provider, has secured $38 million in a Series B financing round. Denmark's Investment Fund for Developing Countries (IFU) led the funding round, ...
/ / Finance and M&A, Solar
Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria to Set Up Hybrid Solar Projects for Seven Universities

Nigeria’s Rural Electrification Agency (REA) has revised the deadline for its Nigeria Electrification Project (NEP). Under NEP, the Nigerian government plans to develop solar hybrid power stations at seven universities, ...
/ / Solar, Utility Scale
Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption (1)

Nigeria Bets on Solar to Create Jobs Post COVID-19 Disruption

Nigeria is currently facing one of the most significant economic downturns in its history due to COVID-19. While the country is grappling with a recession, the government has outlined an ...
/ / Markets & Policy, Solar
Solar Installations Helping Nigerian Health Centers Fight COVID-19 Outbreak

Solar Installations Helping Nigerian Health Centers Fight COVID-19 Outbreak

All On, an independent impact investment company, has announced the completion of the first phase of nationwide solar installations at emergency health facilities related to the COVID-19 pandemic response. The ...
Nigeria Seeks EPC Contractors to Set Up 10 MW of Solar Projects

Nigeria Seeks EPC Contractors to Set Up 10 MW of Solar Projects

The Nigeria Sovereign Investment Authority (NSIA) has sought expressions of interest (EoI) from engineering, procurement, and construction (EPC) firms to set up a 10 MW grid-connected solar photovoltaic (PV) power ...
Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding

Nigerian Renewable Solutions Provider Arnergy Raises $9 Million in Series A Funding

Arnergy, a Nigerian distributed utility company, has announced raising $9 million in Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for ...
GuarantCo and Sindicatum Renewables Sign Deal for Green Bonds Worth $60 Million

Nigeria to Raise $41.5 Million Through its Second Green Bond Issue

The debt management office (DMO) of the federal government of Nigeria has announced that it is looking to execute a second green bond issuance - Series II Green Bonds amounting ...
Nigeria’s University of Benin Issues 15 MW Solar Tender with 5 MW Battery Energy Storage

Nigeria’s University of Benin Issues 15 MW Solar Tender with 5 MW Battery Energy Storage

The Federal Ministry of Education in Nigeria has issued a Request for Qualification (RfQ) for 15 MW ground-mounted solar project with a 5 MW battery energy storage system at the ...
/ / Solar, Tenders & Auctions
The grant will assist the government to achieve its national goals of reaching 75 percent electricity access by 2020

African Development Bank Approves $1.5 Million Loan for Development of Solar in Nigeria

The African Development Bank (AfDB) has approved a $1.5-million grant from the Sustainable Energy Fund for Africa (SEFA) to support the Nigerian government’s implementation of Phase 1 of the Jigawa ...