- SEforAll achieved this under its results-based multi-donor fund financing, the Universal Energy Facility’s Stand-Alone Solar for Productive Use programme.
- This expansion builds upon the success of the UEF’s initial launch of the SSPU programme in February 2023.
Sustainable Energy for All (SEforALL) has signed grant agreements with 19 clean energy developers to deploy high-capacity solar and battery storage systems to businesses and institutions across Nigeria.
According to a statement released yesterday, SEforAll achieved this under its results-based financing multi-donor fund, the Universal Energy Facility (UEF)’s Stand-Alone Solar for Productive Use (SSPU) programme.
SEforAll expects fully installed and operational systems before the end of this year. The interim chief executive officer of Global Energy Alliance for People and Planet (GEAPP), Joseph Nganga, said this marks a significant step forward in GEAPP’s shared vision for a sustainable future.
“By signing these grant agreements, the UEF is truly making a difference by empowering clean energy developers to bring their innovative solutions to life. I’m incredibly proud of the UEF’s work and excited to see the positive impact these projects will have on many lives,” he added.
Delegates present during the signing of the agreements include Damilola Ogunbiyi, CEO and special representative of the UN secretary-general for SEforALL; Shubham Chaudhuri, country director of the World Bank, Nigeria; and Aminu Umar-Sadiq, managing director of the Nigeria Sovereign Investment Authority.
SEforALL stated that reliable, clean electricity transforms daily life for homes, businesses (SMEs), and institutions. This unlocks economic opportunities and improves overall well-being.
According to the statement, this expansion builds upon the success of the UEF’s initial launch of the SSPU programme in February 2023, when ten developers received grants to deploy SSPU units in underserved or unserved communities. So far, UEF has installed over 1,600 systems, serving over 1,200 businesses and institutions such as health and educational facilities.
It said the UEF has achieved significant progress over the past year, not only in Nigeria but also in Benin, the Democratic Republic of the Congo, Madagascar, and Sierra Leone, with thousands of Africans benefiting from this facility.
The UEF is a multi-donor results-based finance facility established to speed and scale up energy access across Sub-Saharan Africa and beyond, in line with SDG 7 and the Paris Agreement.
It provides incentive payments to eligible organisations that deploy energy solutions, verify end-user electricity connections (including mini-grids and stand-alone solar systems), and provide clean cooking solutions based on predetermined standards.