REA plans to develop Renewable Energy Service Companies that will provide utility-scale renewable electricity and compete…
Tag: DARES
Nigeria, World Bank Deepen Talks on Power, Private Investment
The World Bank is intensifying engagement with Nigeria to help translate ongoing economic reforms into faster…
REA, Benue Move to Unlock Solar Mini-Grid Market
REA says over 1.2 million residents of Benue State without electricity can be served through solar…
NERC Releases Interconnected Mini-Grid Rules
NERC has introduced a new commercial framework for interconnected mini-grids to improve electricity reliability and reduce…
REA, FCMB Launch ₦100bn Renewable Energy Fund
The Rural Electrification Agency (REA) and First City Monument Bank (FCMB) have signed a landmark ₦100…
Sun King Secures ₦80bn Loan to Expand Solar Access in Nigeria
Sun King has secured a ₦80 billion ($80 million) loan facility in partnership with the International…
13 Governors Commit to REA’s Energy Project, e-HEART
Thirteen state governors have already fulfilled their financial obligations under the Federal Government’s e-HEART project, a…
Nigeria Seeks Egypt’s Expertise to Strengthen Power Sector
In a bid to enhance Nigeria’s power generation, transmission, and distribution, the Federal Government has turned…