More households and MSMEs will be energized as REA signs Output Based Fund (OBF) Grant Agreement with Baobab Plus on the 19th of August 2022 under the Standalone Solar Home System (SHS) Component of the Nigeria Electrification Project (NEP) marking yet another milestone in our efforts to increase access to electricity in unserved and underserved communities across the country. According to the company’s prediction, 10,000 SHS units will be deployed at a reasonable cost thereby impacting approximately 50,000 people.
The objective of Standalone Solar Home Systems for Households and Micro Small Medium Enterprises (MSMEs) Component is to help millions of underserved Nigerian households and MSMEs access better energy services at an affordable cost, through stand-alone solar systems through the private sector companies.