Nigeria’s solar energy sector has witnessed a significant growth, with solar panel imports reaching ₦125.29 billion in the first quarter of 2025, data released by the Nigerian Electricity Regulatory Commission (NERC) has revealed.
This surge in imports has pushed the country’s total installed solar capacity to 385.7 megawatts (MW).
In response to this rapid expansion and rising private sector investment, NERC has developed draft regulations for a net billing system and is now seeking public feedback on a proposed net metering arrangement.
The aim is to create a commercial framework that allows consumers and businesses to export excess solar-generated electricity back into the national grid in exchange for financial compensation.
A public document published earlier this week highlighted the growing role of solar energy, especially in rural and off-grid areas.
The Commission attributed this momentum to a combination of government-led initiatives and private sector efforts driving decentralised energy adoption.
NERC revealed that in 2023 alone, Nigeria imported over $200 million worth of solar panels—more than four million units—with most used for captive power generation.
That upward trend has continued into 2025.
“In 2024, Nigeria added 63.5 MW of new solar capacity, pushing the total to 385.7 MW,” the Commission stated.
“This expansion reflects the increasing adoption of renewable energy solutions across the country,” it added.
In line with NERC Business Rules and pursuant to Sections 46 and 48 of the Electricity Act (EA) 2023, which govern the Commission’s proceedings, consultations and public hearings, the Commission is inviting comments and submissions on the draft net billing regulations from the general public, with a deadline set for 26th September 2025.
Source: https://energynewsafrica.com
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