A new scholarship programme on solar energy and energy efficiency, targeting over 185 participants in Nigeria, is being supported by the German Government and the European Union.
It was gathered that the programme, which started on August 10, 2020, would among other things, enhance the skills of trainees on how to access funds for the development of renewable energy projects in Nigeria.
The exercise was titled ‘Nigerian Finance Training Programme on Solar Energy and Energy Efficiency’, consists of a six-week online course and a three-day face-to-face training in Abuja and Lagos.
The renewable energy and energy efficiency technologies offer significant cost-saving and business opportunities in Nigeria but often require high upfront investments.
The Head of Section, Economic Cooperation and Energy of the Delegation of the European Union to Nigeria and ECOWAS, Katrine Thomsen, explained in a report on how the training would impact the sector.
She said, “The Solar Energy and Energy Efficiency Training will teach project developers to develop bankable project proposals that are suitable for funding.”