The Nigeria Renewable Energy Roundtable
The Nigerian Renewable Energy Roundtable (NiRER) is an action-oriented partnership of relevant stakeholders, that are committed to resolving the issues and bottlenecks that limit the expansion of the on-grid and off-grid renewable energy market in Nigeria. NiRER is a partnership of government ministries, departments and agencies (MDAs), the private sector, academia, intergovernmental and civil society organisations that are actively involved in Nigeria’s renewable energy sector.
In 2017, the Federal Ministry of Power, Works and Housing, the Federal Ministry of Science and Technology (through the Energy Commission of Nigeria), along with the NESG, came together to establish NiRER as a platform that serves to remove bottlenecks to achieving Nigeria’s development goals. NiRER supports quick action that delivers benefits on several fronts. Focus areas include access to low-cost finance, equipment standards & quality control, skills and market development, energy efficiency, fiscal and monetary incentives, policy reforms etc. NiRER was formally inaugurated on 20th June, 2017 by the then Acting President of the Federal Republic of Nigeria, Prof. Yemi Osinbajo, at the Banquet Hall of the State House, Abuja.
This group deals with issues relating to access to finance for on-grid and off-grid renewable investors, practitioners and consumers, including Stand-Alone-Systems (SAS) and Mini Grids for business and residential uses; Credit risk management, financial data and bankability of renewable projects; accessing national and international financial markets and grants; mapping of donor funds and engagement of donor agencies to secure funding for renewable energy projects.
-> Identify and assess the market opportunities in Nigeria and develop strategies to capture a sizable share of the global renewable energy market.
HOW TO JOIN NiRER
Interested parties can join NiRER as a “Partner” and/or member of one of the “Working Groups”. A NiRER Partner is any entity with a mandate to promote the development and expansion of Nigeria’s electricity sector while increasing the renewable energy (RE) mix:
To join NiRER, interested entities should do so in writing. The letter should:
- Endorse NiRER purpose and functions.
- Endorse meaningful action to advance the RE markets consistent with the NiRER purpose.
- Identify particular areas of interest related to RE and any specific actions taken or planned to address the bottlenecks in the sector.
- Include the entity’s mission and/or capacities in relation to advancing RE.
- Include the entity’s willingness and capacity to contribute to the work of NiRER and support its objectives and initiatives.
- Identify the primary point of contact for communications with NiRER.