Market Development
GET.invest Market Insights: Nigeria
GreenMax prepared five Market Insights Packages for GET.invest across Mozambique, Burundi, Uganda and Nigeria, assessing market opportunities, regulatory environments and competitive landscapes in key renewable energy segments.
Under its 'Market Insights' platform, GET.invest shares information on countries, markets and financing opportunities to help clean energy project developers and business owners understand the steps involved in developing a project or running a business in a certain country and/or specific renewable energy market segment.
In 2021, GreenMax was retained by GET.invest to prepare Market Insights for Burundi, through a Developer Guide. This Guide aims to inform project developers, private sector technology suppliers, innovators and entrepreneurs about the opportunities in Nigeria’s e-mobility sector. The guide examines existing key market actors, business models, e-mobility’s potential market size, growth drivers and barriers, as well as potential financiers for e-mobility market development in the country. The “Route-to-Market” section presents practicable steps to leverage GET.invest’s market research, exploring investment opportunities, market sizing, business registration, potential challenges for project developers, financing e-mobility in Nigeria and the market outlook. Two hypothetical model business cases provide concrete financial analysis examples: 1) an urban e-mobility business that offers two-wheel electric vehicle rental and operates a network of battery swapping stations, and 2) a rural mini grid-powered e-mobility project deploying two-wheeled electric vehicles.