Nigeria launches $300 million Distributed Renewable Energy Fund to power off-grid communities

In a major push to bridge its persistent energy deficit, Nigeria has commercially launched a $300 million Distributed Renewable Energy (DRE) Fund . The ambitious financial vehicle is designed to accelerate the deployment of off-grid power solutions, such as mini-grids and solar home systems, to underserved communities and commercial enterprises that suffer from the unreliability of the national power grid. The launch was officially announced on the sidelines of the United Nations General Assembl