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In 2025, Nigeria added 803MW of solar capacity, a 141% increase, making it Africa's second-largest solar installer, following South Africa. This surge is attributed to the DARES program, funded by $750 million from the World Bank, aimed at providing reliable electricity to over 17.5 million Nigerians.

The ongoing Middle East crisis has emphasized the importance of energy diversification, prompting Gulf states like Saudi Arabia to target 130GW of renewables by 2030. Nigeria's growth in solar energy positions it strategically in the evolving energy market, leveraging elevated oil prices while advancing renewable capacity development.