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Nigeria – Solar Park installations

IATI Identifier: NL-KVK-83517626-DGGFST2203

Published on IATI
  • date_range Jun 09, 2022 - Dec 31, 2025
  • autorenew Implementation (Status)

With a DGGF Start-up Loan NXT Grid B.V.enabled to install 'off the grid' solar park installations together with the local subsidiary. To further scale up inrural Nigeria and also to expand the associated software and service platform. Nxt Grid's goal is "Profitable, clean mini-grids for everyone, everywhere". It is about offering both a service and a product. NXT Grid has found a way to automate and standardize the rapid rollout of grids by using proprietary software and technology. NXT Grid BV tested their proposition in Tanzania with the help of a DHI grant. More recently, they installed two additional mini-nets in Nigeria, theresults are promising and want to invest to scale up. A mini-grid provides small-scale electricity generation (10 kW to 10 MW) that serves a limited number of consumers and that can operate in isolation from national electricity grids. Half of all new electricity connections worldwide come from a mini-grid system. NXT Grid sells electricity produced by solar panels to end customers on a pay-per-use basis. This is done through a payment system for mobile phones.NXT Grid works together with local entrepreneurs who they support and train to become professional mini-grid developers. The NXT Grid platform makes it possible for non-engineers to run their own local utility and also be profitable.

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Sectors:
  • Solar energy for isolated grids and standalone systems

Participating Organisations

Invest International Private Sector Funding
Invest International Private Sector Accountable
NXT Grid B.V. Private Sector Implementing

Transaction

Transaction Value Provider
Receiver
Type Date
450,000 EUR Provider N/A Receiver N/A Disbursement
date_range Jul 15, 2022
450,000 EUR Provider N/A Receiver N/A Incoming Funds
date_range Jul 15, 2022
450,000 EUR Provider N/A Receiver N/A Commitment
date_range Jul 15, 2022

Budget

1,920,719 USD
  • 450,000 EUR (Valued at Jul 15, 2022)
    date_range Jul 15, 2022 - Dec 31, 2022
  • 450,000 EUR (Valued at Jan 01, 2023)
    date_range Jan 01, 2023 - Dec 31, 2023
  • 450,000 EUR (Valued at Jan 01, 2024)
    date_range Jan 01, 2024 - Dec 31, 2024
  • 450,000 EUR (Valued at Jan 01, 2025)
    date_range Jan 01, 2025 - Dec 31, 2025
access_time Updated on Jun 28, 2024 08:51:13