Solar Nigeria’s Commercial Market component is creating pilot projects for commercial-scale solar to drive a pipeline suitable for commercial finance. The pilot aims to support commercial and private sector entities in Northern Nigeria and to leverage private sector investment into the solar sector in the North.
On a pilot basis, Solar Nigeria is supporting qualified and experienced solar developers with up to 30% of match funding for selected projects. A competitive grant auction was held in 2015, resulting in grants to four developers (one international and three Nigerian) for a total of eight projects. The final customers include a university, factories, petrol stations, restaurants, and others.