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Solar Minigrids Deployment in Nigeria

Sector: Energy Storage • Location: Nigeria

Source: Green Building Africa

Project
Planned

The IFC is proposing to part-finance the deployment of 97 solar minigrids in Nigeria. The project involves a revolving loan of up to $16 million to Nigerian energy company Virtuitis for the construction and operation of the minigrids. These minigrids will consist of solar systems between 50 kW and 800 kW, lithium battery storage between 200 kWh and 1.65 MWh, and diesel generators between 60 kVA an

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The project “Solar Minigrids Deployment in Nigeria” is an infrastructure initiative in the Energy Storage sector, located in Nigeria. Taiyo aggregates data on it from Green Building Africa.

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Participants

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Status

Original status

planned

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Description

Description

The IFC is proposing to part-finance the deployment of 97 solar minigrids in Nigeria. The project involves a revolving loan of up to $16 million to Nigerian energy company Virtuitis for the construction and operation of the minigrids. These minigrids will consist of solar systems between 50 kW and 800 kW, lithium battery storage between 200 kWh and 1.65 MWh, and diesel generators between 60 kVA and 500 kVA. The minigrids will be constructed on plots ranging from 0.15 to 10 hectares across villages in several Nigerian states. The construction is expected to take around four months per site, with Virtuitis responsible for construction, operation, and maintenance.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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