Auxano Solar has opened a new solar panel factory in Lagos, Nigeria. It said the facility is located in Ibeju Lekki, in the southern part of the city.
The project was launched in 2016 with a 10 MW semi-automated production plant. In 2020, the company secured financial backing from investor All On, a subsidiary of Shell. An initial grant of $50,000, provided through the US African Development Foundation's Offgrid program, was subsequently increased to $2 million to support construction.
“Our goal is to penetrate the Nigerian market before moving towards exporting solar photovoltaic energy to neighboring countries,” Chuks Umezulora, co-founder and CEO of Auxano Solar, said at the inauguration. “Our offering is aimed at both the formal sector – solar companies active in mini-grids, commercial and industrial solar suppliers – and the informal sector – importers of solar panels for resale.”
The International Renewable Energy Agency (IRENA) estimates that Nigeria had just 37 MW of grid-connected solar capacity at the end of 2022. The Nigerian government aims to meet 60% of the country's energy demand with clean energy by 2050.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Distributorship ???
Do Auxano solar company need a Distributorship?