Africa’s biggest economy has recorded a 38percent growth in the sale of off-grid products to 628,000 in 2021, data sourced from a renewable energy report by REN21, a think tank, and a multistakeholder governance group focused on renewable energy policy shown.
According to REN21, Nigeria’s off-grid market is gaining strides through the Nigeria Electrification Project (NEP) which aims to electrify 300,000 households and 30,000 local enterprises through private sector-driven solar-hybrid mini-grids by 2023.
Apart from NEP, the report acknowledged the Nigerian market for off-grid solar products is coordinated by the Rural Electrification Agency, which aggregates various programmes including the Renewable Energy Fund (which delivered 6,805 solar home systems as of 2020), the Nigeria Electrification Project and Power Africa.
“As a result of these efforts, Nigeria recorded high sales (240,000 units) in 2021, with a significant increase in PAYGo sales. The country also is the largest market in West Africa for solar appliances, which grew 38percent in 2021 compared to the second half of 2020,” the report acknowledged.
The report noted that Nigeria is west Africa’s largest market of off-grid solar products with sales totaling 628,000.
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