- EU offers a $3.4 million working capital facility to increase energy access in Nigeria.
- Okra Solar will provide access to electricity through mesh-grid technology to mini-grid developers.
The European Union (EU) has given approval for a $3.4 million working capital facility under the ElectriFI Country Window for Nigeria for Okra Solar to use solar mesh-grids to target 76,000 energy access beneficiaries by the end of 2025.
Okra Solar will provide access to electricity through mesh-grid technology to mini-grid developers.
The initiative, which was launched in 2016, Okra Solar developed the mesh-grid technology specifically to electrify underserved or unserved communities.
Their proprietary Okra Pod is a device that enables the solar systems installed at each household to communicate and share power through a low-voltage transmission cable (creating the mesh-grid). The pods are sold with PV panels, batteries, and inverters.
Okra Solar has started focusing on the highly strategic Nigerian market and wants to deploy multiple pilot projects to energize more than 30,000 households in-country over the next two to three years.