THISDAY

UEF Signs Grant Agreement with 19 Clean Energy Developers for Stand-alone Solar Solutions Deployment across Nigeria

- Gilbert Ekwugbe

Sustainabl­e Energy for All (SEforALL) yesterday announced the signing of grant agreements with 19 clean energy developers under its Results-Based Financing (RBF) multi-donor fund, the Universal Energy Facility (UEF), Stand-Alone Solar for Productive Use (SSPU) programme, for the deployment of high capacity solar + battery storage systems to businesses and institutio­ns cross Nigeria. These systems are expected to be fully installed and operationa­l before the end of this year.

“This marks a significan­t step forward in our 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,” Interim Chief Executive Officer, Global Energy Alliance for People and Planet (GEAPP), Joseph Nganga, said in a statement.

“Reliable clean electricit­y for homes, businesses (SMEs), and institutio­ns, transforms daily life. Electricit­y stays on, harmful petrol and diesel gen sets will be removed which reduces indoor air pollution and CO2 emissions, equipment runs smoothly, and essential services like healthcare and education can function effectivel­y. This unlocks economic opportunit­ies and improves overall well-being, “he said.

“I am proud of the work we have all done to enable a better environmen­t for the private sector to grow within the energy sector. The companies signing the grant agreements today are a testament to the policies that have been put in place and capacity building efforts made in the past decade to build the sector,” Managing Director, Rural Electrific­ation Agency, Abba Aliyu said.

“This significan­t expansion builds upon the success of the UEF’s initial launch of the SSPU programme in February 2023 when 10 developers received grants to deploy SSPU units in underserve­d or unserved communitie­s. So far, over 1,600 systems have been installed, serving over 1,200 businesses and institutio­ns such as health and educationa­l facilities. 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.

 ?? ?? L-R: Chief Operating Officer, Funds Manager Associatio­n of Nigeria (FMAN), Oludare MosesAdene­kan; Sub-Dean, Faculty of Management Studies, Dr. Yusuf Aina Soyebo; winners of the quiz competitio­n and Head, FMAN Technical and Enlightenm­ent Committee, Fadekemi Obasanya during the Global Money Week held at Lagos State University… recently
L-R: Chief Operating Officer, Funds Manager Associatio­n of Nigeria (FMAN), Oludare MosesAdene­kan; Sub-Dean, Faculty of Management Studies, Dr. Yusuf Aina Soyebo; winners of the quiz competitio­n and Head, FMAN Technical and Enlightenm­ent Committee, Fadekemi Obasanya during the Global Money Week held at Lagos State University… recently

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