Nigeria SEF

completed

This project will take a primary focus on solar technologies using DFID funding at the beginning. However, funding from Denmark and Hungary trust funds will allow the project to work on other areas of sustainable energy finance (e.g. energy efficiency interventions and/or green bonds) wherever relevant. The project plans to have four components as below: Component 1: Disseminate the results of the solar market study, support awareness raising activities with SMEs and Corporates in target segments, and conduct business development meetings with FIs. Component 2: Support market aggregation and pipeline development with vendors/ESCOs technology companies and project developers. Component 3- Launch a training program for local installers and develop certification schemes to improve installation quality of solar systems of smaller size. Component 4: Provide technical support to financial institutions (commercial banks, leasing companies, microfinance institutions, and also NBFIs) that are interested in developing a new business line of EE/RE finance with focus on solar PV financing for MSME and corporate segments.