Renewable Energy Capacity

Latest Value

2,925

as of 2024

Year-on-Year

+0.55%

vs same period prior year

Month-on-Month

+0.55%

vs prior period

CAGR

+3.80%

compound annual growth rate

Rolling 3-Period

2,667

avg · MW

Rolling 12-Period

2,163

avg · MW

Renewable Energy Capacity — Time Series

12 records · MW

Compare

Data source: IRENA (solar) + plant nameplates (hydro) · Committed to NEDB via Staff Upload Portal · Unit: MW

Statistical Analysis

12 periods · mean 2,163.3 MW · volatility 16% · CAGR +3.8%

Year-on-Year Change

Each bar compares a period to the same period one year earlier, stripping out seasonal effects. Green is growth, red is decline.

Reading:Latest year-on-year change: +0.6% (2024). Output is higher than a year ago.

Period-on-Period Change

Short-term momentum: how each period compares to the one immediately before it. Useful for spotting turning points earlier than the annual view.

Reading:Most recent move: +0.6% versus the prior period (2024).

3-Period Rolling Average

The faint line is raw data; the bold line is a 3-period trailing average that smooths out noise so the underlying direction is visible.

Reading:Smoothing window set to 3 periods (annual data). The averaged line filters short-term spikes to expose the trend.

All analyses computed at query time from committed NEDB records for Renewable Energy Capacity. Percentages are in percentage points; ±2σ covers ~95% of normal variation.

Full Data Table — Renewable Energy Capacity12 records

Showing 12 of 12 recordsUnit: MW

#	Period	Region	Value	Unit	Data Source	Notes
1	2013	NGA	1,941	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 3 solar
2	2014	NGA	1,942	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 4 solar
3	2015	NGA	1,954	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 16 solar
4	2016	NGA	1,960	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 22 solar
5	2017	NGA	1,966	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 28 solar
6	2018	NGA	1,970	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 32 solar
7	2019	NGA	1,990	MW	IRENA (solar) + plant nameplates (hydro)	1,938 hydro + 52 solar
8	2020	NGA	2,096	MW	IRENA (solar) + plant nameplates (hydro)	2,018 hydro (+Dadin Kowa, Kashimbilla) + 78 solar
9	2021	NGA	2,139	MW	IRENA (solar) + plant nameplates (hydro/wind)	2,018 hydro + 111 solar + 10 wind (Katsina)
10	2022	NGA	2,168	MW	IRENA (solar) + plant nameplates (hydro/wind)	2,018 hydro + 140 solar + 10 wind
11	2023	NGA	2,909	MW	IRENA (solar) + plant nameplates (hydro/wind)	2,718 hydro (+Zungeru 700) + 181 solar + 10 wind
12	2024	NGA	2,925	MW	IRENA (solar) + plant nameplates (hydro/wind)	2,718 hydro + 197 solar + 10 wind

Methodology Note

Data for this series is ingested through the NEDB validated upload pipeline. Each record carries an explicit source attribution, methodology version tag, and ISO-aligned region code. Statistics (YoY, MoM, CAGR, rolling means) are computed at query time from the committed record set.