Renewable Energy Efficiency Application Program (R.E.E.A.P) for MSMEs, Commercial Markets, and Industrial Parks
REEAP IN A NUTSHELL
Every unit dollar input of renewable energy invested translates into 3 times its value at output – The United Nations 1st Quarter Global Economic Report, 2017
The “RENEWABLE ENERGY EFFICIENCY APPLICATION PROGRAM (R.E.E.A.P)” is a flagship Solar Energy Efficiency and Electricity Cost Optimization program designed to drastically cut down overhead costs incurred on energy and optimize electricity consumption for private retail shop owners, trade clusters and facility managers of Commercial Markets and Industrial Parks across Nigeria by deploying stationary ground mounted and/or rooftop solar arrays/farms and mobile solar energy solutions ranging from 1 (One) KWp to 100 (One Hundred) MWp.
This optimally integrated solution is the first “No Initial Cost – Solar Cluster” model aimed at seamlessly delivering affordable and sustainable electricity and will empower and equip businesses and industry by providing reliable, environmentally friendly, cost-effective and uninterrupted electrical energy to not less than 100,000 (One Hundred Thousand) micro, mid-sized to large-scale factories and manufacturing plants at every point of their lifecycle across Nigeria by December 2018.
The R.E.E.A.P will see the deployment of Solar Energy Technology for commercial applications and investments surge by at least 100 (One Hundred) Million US Dollars over a duration of 24 (Twenty Four) months. This is aimed at reducing transmission challenges, inefficiencies and power losses associated with high voltage distribution and is guaranteed to assist businesses and industry add value to their facilities, reduce operational cost, create green jobs, build capacity and ultimately reap clean and sustainable profits.