In line with our vision to improve energy access and provide sustainable power through clean energy sources to unserved and underserved communities in Nigeria, Prado Power recently commissioned a 20Kw solar-powered mini-grid and an agro-processing hub in Mbiabet community, Akwa Ibom State.
The project was initiated and developed with support from the Akwa Ibom State Government under the Solar Power Naija (SPN) initiative – Nigeria’s Economic Sustainability Plan (ESP) aimed at reaching 5 million new solar-based connections in non-grid-connected communities across Nigeria through the Rural Electrification Agency (REA). Prado Power accessed low cost debt funding from Charm Impact UK to facilitate the deployment of the Solar Mini-grid while the agro-processing hub, powered by the mini-grids was supported by the United States African Development Foundation (USADF) through its African Resilience Initiative for Entrepreneurs (ARIE) grant, a Pan-African initiative to provide financial and technical assistance to entrepreneurs who have been impacted by COVID-19.
RMI (founded as Rocky Mountain Institute) supported the project through the Sharing the Power and Energizing Agriculture Programme (EAP) initiatives in Nigeria. The Sharing the Power initiative supports community-centered interventions on minigrid development that can improve system performance while increasing socioeconomic development and empowering minigrid communities. The EAP is co-led by the Nigerian Rural Electrification Agency (REA) and seeks to identify, de-risk, and scale market-led business models that pair minigrid communities with equipment and/or services that use power to support local livelihoods.