Opportunities from COVID-19 for Distributed Renewable Energy Companies

Coronavirus pandemic is speeding up the adoption of distributed renewable energy solutions to complement inadequate supply from the national grid. It is also quickening the development of a local supply chain.
Nigeria’s weak national grid has strained power supply to health facilities, essential enterprises, citizens sheltering and working from home, and vulnerable communities.

So distributed renewable energy (DRE) systems are increasingly serving as either complementary or substitute to the grid. They provide an often cheaper alternative and sometimes provide the entire energy requirements for essential facilities. Utilities are now receptive to the option of partnering with DRE developers like mini-grid companies through the increasingly popular “under the grid” models...for further reading, click on https://businessday.ng/energy/article/opportunities-from-covid-19-for-distributed-renewable-energy-companies/

SOURCE: BusinessDay Newspaper         Aug 11, 2020.