NGA new report by BloombergNEF highlights Nigeria's rapid growth in small-scale solar systems as a response to unreliable electricity supply and rising fuel costs. While Nigeria leads in off-grid solar adoption, the country lags behind in utility-scale renewable investments compared to South Africa, the Democratic Republic of the Congo, and Zambia. The report notes that Nigeria's solar expansion occurs mainly outside the national grid, with cumulative installed capacity reaching around 6 GW by early 2025. BloombergNEF forecasts Nigerian solar capacity could grow to 87 GW by 2035, driven by continued demand for reliable power. However, the report also points out that utility-scale investment remains limited, with only a few countries showing significant pipeline activity.
Bias read (Center): The article presents a balanced overview of Nigeria's energy landscape, citing data from BloombergNEF without overtly favoring any political stance. It discusses both the growth of small-scale solar and the lack of utility-scale investment, presenting these as factual observations rather than value-
