Location
NigeriaSector
Renewable EnergyStage
ImplementationADP is a platform designed to revolutionize Nigeria’s renewable energy landscape by aggregating small and medium-scale distributed renewable energy projects such as Isolated or Interconnected mini-grid, as well as commercial and industrial customers. These projects focus on serving rural and peri-urban communities, where traditional grid infrastructure is lacking, offering a unique opportunity to foster energy independence and sustainability.
The renewable energy sector in Nigeria faces significant challenges, including a fragmented market, small project sizes, and weak financial capability among key players. ADP’s innovative approach aggregates these smaller projects, enabling economies of scale and making the sector more attractive to commercial project finance investors. By consolidating projects in the 10kW to 1MW range, ADP creates a platform that offers investors access to a portfolio of distributed renewable assets with lower financial risks and better profitability potential.
Investment Needs
$50 000 000Investment Project Type:
PrivateInvested Value to Date:
$7 000 000Funding Gap:
$43 000 000Climate Classification:
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