Online Live Event – 31 March & 1 April 2021
RENPOWER NIGERIA INVESTORS 2021
Oil-rich Nigeria is turning to renewable energy in a big way. The country has recently invested significantly in solar power projects, seeking to boost the capacity of the national grid and reduce reliance on it by building mini-grids in rural areas without electricity. The power sector in Nigeria is dominated by the intensive use of fossil fuel (88%) for power generation and low electrification rates at about 45%, actually 55% urban and less that 35% rural. Under the National Renewable Energy and Energy Efficiency Policy (NREEEP), Nigeria commits itself to sourcing 20% of electricity generation from renewables by 2030 – with PV, wind power, geothermal, hydropower, and biomass all to be developed. Whilst hydropower accounted for as high as 98% of the total renewable technology in use, Nigeria is endowed with abundant and diversified energy resources, both conventional and renewable. This can eventually provide the country with a sufficient capacity to meet the ambitions of a full nationwide electrification level, both urban and rural.
In December 2019, the World Bank has offered a USD 550 million loan to support the construction of off-grid systems and the installation of small-scale off-grid PV systems. Then, in March 2020, a USD 200 million loan was granted by the African Development Bank to solve the limitations in the electricity supply of the grid network. Indeed, Nigeria has a large, widely dispersed rural population, but the sparse deployment of grid networks has led to a chronic power shortage in rural areas. Nigeria, the most populous country in Africa, has the second-largest off-grid energy market in the world. The government is addressing electricity needs in remoted areas by implementing off-grid projects, which are a key pillar of the official plan for PV development.
The potential is immense as this is just the kick-off of a nascent and long-term process. Investors, financiers, project developers, EPCs, IPPs, manufacturers and technology providers are all invited to cooperate and partner.
Be part of those market participants and stakeholders that are going to make Nigeria’s renewable energy sector happen and become sustainable in the next decade! Join us in this international 2-day event involving 200+ high-level decision-makers from around the world. All these questions, challenges and further prospects will be discussed in-depth during presentations and moderated panel discussions. Furthermore, there will be live Q&A and direct networking available for all the attendees being linked to the conference platform.
Not just a webinar – a full event experience!
• 5 Panel Sessions in two days of online streaming – 8+ hours of valuable content;
• 25+ expert speakers to learn about renewable energy developments in Nigeria;
• Participate to the live Q&A and also access the on-demand recording of the event to view the presentations and panel discussions later on;
• Access our platforms to network with attendees for up to 5 weeks after the event (create your profile, schedule meetings, messaging and more);
• Connect from anywhere in the world & share business opportunities!
Wednesday, 31 March 2021
13:00 -17:50 (Lagos Local Time)
Thursday, 1 April 2021
13:00 -16:30 (Lagos Local Time)
Place: Virtual Platform (Online)
1 attendee: EUR 235
2 attendees: EUR 295
3 attendees: EUR 395
*Payment instructions will be given following your registration.
For more information, please contact:
+32 2 662 16 12