The U.S energy project known as “Power Africa” has added 30,000 new solar connections in Nigeria. Through its Overseas Private Investment Corporation (OPIC), it had in 2016, signed an agreement with Lumos, an off-grid electricity provider to enhance provision of solar electricity to homes and small businesses throughout Nigeria.
Lumos is also a recipient of catalytic funding through OPIC and the Africa Clean Energy Finance initiative, a partner with the U.S. State Department. The funding provides crucial start-up capital for 30 innovative clean energy projects across 10 African countries.
With market intelligence provided by USAID and financing provided by OPIC, Lumos has added 30,000 new solar connections in Nigeria since the beginning of the partnership.
Source: The Guardian