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Nigeria
Solar Market Outlook in Nigeria
With a population of 200 million and an economy that relies mostly on its oil reserves, the economy of Nigeria is highly volatile. Add to that Nigeria’s electricity woes. Many residents and business owners in the country rely on generators to power up their business and even then a huge percentage of the population has no access to electricity.
Experts agree that this shouldn’t be the case as this is a tropical country. Geographically, its location close to the equator means that it has mostly sunny days throughout the year. The government is hoping that this renewable energy source could be the solution they’re seeking to combat the electricity woes that have haunted them for decades.
The National Renewable Energy and Energy Efficiency Policy in Nigeria was established in 2014. This policy details that Nigeria has a target of 20% electricity generation from renewable sources, mostly solar, in an effort to address the nationwide electricity shortage. They are also hoping to encourage more private investments in solar power plants.
There is notably a high solar potential in Nigeria, which gets up to 7 hours of sunlight daily. If this sunlight can be harnessed, it will produce 333,000 MW of solar power, which should be more than enough to bridge the electricity gap in the country.
Solar Energy Equipment Supply Capacity in Nigeria
Just as solar power plant projects are limited, there is also limited availability in local manufacturers of solar equipment in Nigeria. For those looking to make solar installations, you can turn to online or global suppliers and distributors for that.
Top Major Seaports & Logistics in Nigeria
Transporting and logistics handling of solar equipment into Nigeria should be easy since there are plenty of commercial ports available such as
- Lagos Port Complex,
- Calabar Port Complex,
- Delta Port,
- Rivers Port Complex,
- Tin Can Island Port,
- the Onne Port.
Mono used for below projects in Nigeria
No Projects Found