The 2022 Renewable Energy Targets report from the International Renewable Energy Agency (IRENA), which was released on November 21, 2022, highlights the fact that as of August 2022, renewable energy targets for rural electrification were implemented in almost 30 countries, mostly focusing on off-grid solar photovoltaic (PV). One of these countries is Nigeria.
The REA says that the objective of Standalone Solar Home Systems for households and micro small medium enterprises (MSMEs) component is to help millions of unserved and underserved Nigerian households and MSMEs access better energy services at an affordable cost, through stand-alone solar systems through private sector companies.