Overview of Renewable Energy and Energy Efficiency Project by Segun Adaju

1. Overview of Renewable
Energy and Energy Efficiency
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Project
NAEE
October, 2014
Segun Adaju
Chief of Party

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Introduction
• Project Name: Nigeria Renewable Energy and
Energy Efficiency Project (REEEP)
• Funder: USAID Nigeria
• Implemented by: Winrock International
• Active Implementation Years: March 2014
– March 2018

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Nigeria REEEP Goal
To facilitate the development and financing
of renewable energy (RE) and energy
efficiency (EE) markets in Nigeria that
increase access to affordable clean energy,
create jobs, and enable economic growth.

4. Component 1 – Access to Clean
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Energy Financing
Develop the capacity of companies (SMEs)
in the clean energy sector and other
selected sectors to access financing.
– Build on existing pipeline (UNDP/BOI AtRE, Ecobank)
– USAID Portfolio opportunities (MARKETS, HIV AIDS)
– Other Sectors (agro and wood processors)
– Training borrowers to access finance
– Technical support for RE solutions
– Support and Monitoring Efforts

5. Component 2 – Technical
Assistance to Financial Inst.
Increase lending to RE/EE sectors through
collaboration with financial institutions
– Secure bank management buy in
– Deliver trainings and develop materials for
RE/EE Lending guidelines (credit analysis,
cash flow, case studies)
– Provide technical support on RE/EE tech
– Provide marketing support
– Regular coordination with management
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6. Component 3 – Training and
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Awareness Creation
Increase technical capacity of people to
build and maintain clean energy systems,
and increase awareness of RE/EE benefits.
• Promote gender inclusive vocational training
(Energy Commission Research Centers)
• Foster awareness through information sharing
• Job placement support

7. Component 4 - Governance
Support GON to implement and enforce
legislation that enables RE/EE development
• Policy fora and seminars, study tours
• Establish a clean energy coalition
• Support implementation of GON zero
import duty (NCS)
• Coordination with other donors
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8. REEEP Activities & Objectives
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Beneficiaries
Winrock will provide technical assistance that will contribute to USAID’s
broader goal of developing RE and EE markets in Nigeria. To
implement the Renewable Energy and Energy Efficiency Project
(REEEP), we will build the capacity of:
• Banks and other financial institutions;
• Companies that deploy and maintain clean energy projects;
• Agribusinesses, health delivery sites, and businesses willing to retrofit with
energy-efficient technologies;
• GON institutions and ministries to encourage enactment of appropriate and
relevant legislation for the clean energy sector; and
• vocational training institutes to ensure there is a continuing source of
education after project completion. Winrock will work alongside
USAID/Nigeria and the GON, and in close collaboration with other donors, to
achieve project objectives.

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Key Stakeholders
• Government of Nigeria (Min of Power, Environment RE Program,
ECN, NCS, State and Local Governments)
• Financial Institutions (Ecobank, Diamond, Zenith, Fortis MFB, others)
• RE/EE NGOs & Association (COREN, Sola Energy Society of
Nigeria)
• Universities & Vocational Institution (UNILAG, UNN and Sokoto
Energy Centers)
• USAID Programs (Power Africa, Markets II, Farmer to Farmer, Feed
the Future Program, HIV/AIDS, PFAN)
• Other Donor Programs (MoP/World Bank Rural Access and RE
Project, UNDP/BOI AtRE, UNDP EE, UE/IISD, GIZ, CHAI, Gates
Foundation, Others)
• Partners (Nayo Tropical Technology, Solar Sister)
• Technical Partners (Crimson Capital, Butler Law LLC, EUCORD)

11. Barriers to RE/EE Finance
• Lenders unfamiliar with RE/EE Enterprises
• High collateral requirements (above 100%)
• High interest rates,
• Short loan tenors
• RE/EE enterprises have little credit history with banks
• Lack of understanding of banking principles,
• Short credit history, limited experience with lenders
• New and inexperienced companies
• RE/EE Sector considered risky
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Winrock’s Role
• Upstream technical assistance to help create demand
for RE/EE technologies
• Capacity building activities to ensure project bankability
• Portfolio development and management
• Transaction advisory services for lenders
• Technical assistance for universities and vocational
institutes for RE/EE installation and maintenance
• Supporting improved governance and policy reform
• Coordination between banks, donors, GoN, private
sector, communities, and other stakeholders

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Road So Far
• We are working with Markets II and HIV/AIDS program and have
identified agribusinesses and health care centres in need of RE. eg,
Small scale rice processors in Abakiliki and Generral Hospital, Abaji
• We have engaged with RE/EE Project developers to increase the
project pipeline.
• The capacity of the partner banks have been assessed by Crimson
Capital and training module is being developed to address the gaps.
• Clean Energy Research institute has been identified and engaged.
• Special Module for RE training package for women and youths is
near completion
• Potential members of Clean Energy Coalition group has been
identified
• On going meetings with GON, MDAs and other partners for
legislation, support and sustainability.

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Road so far….
Staff training – Fortis Microfinance Bank

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Road so far….
Staff training – Fortis Microfinance Bank

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Road so far….
Genesis International School – Project by Creeds Energy – REEEP
Project Development Partner

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Road so far…
Winrock International – Abuja Office

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Road so far…
Winrock International – Abuja Office

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Road so far…
Abakaliki Rice Mill – potential RE retrofit.

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Road so far…
Ondo Cocoa farms – potential RE retrofit.

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Road so far…
Ondo cocoa farm – potential RE retrofit

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Road so far…
Small RE products

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Questions?
Contact:
Segun Adaju, Chief of Party,
segun.adaju@winrock.org
Tinyan Ogiehor, Renewable Energy Technical
Specialist, Tinyan.Ogiehor@winrock.org
Paul Burman, Home Office Manager,
pburman@winrock.org