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.

OEM

Custom Made Solar Products OEM

OEM stands for Original Equipment Manufacturer which is commonly referred to as a company that manufactures and offers parts and accessories of items that are used as components of a product from another company. To sum it up, OEM commonly manufactures specific items on behalf of brands. Though OEM typically operates in the computer and technology industries, it also works in the solar industry.

Factories for White Label Solar Products

In the case of the solar industry, most solar companies work with solar OEMs to build and design their own solar products such as solar panels, cells, modules, etc. OEM becomes their outsourcing partner that helps them in assembling and reproducing their solar products.

Nowadays, a huge number of solar companies, particularly those large solar manufacturing companies, are partnering with outstanding solar OEMs to deliver the best quality solar products to their solar customers. Mainly, the reason is, these solar OEMs help solar manufacturers cut down their production costs since they no longer have to operate their own factories, purchase needed materials and hire labour to produce their solar products.

As a solar manufacturing company, the first thing you need to consider is to find the most reliable solar OEM in the market. One of the biggest perks of the internet these days is you can now easily find these OEMs even in the comfort of your home. With the help of a solar outsourcing marketplace such as SolarFeeds.com, you can easily find the most reliable and right OEM partner for your solar company. Solar outsourcing marketplace helps solar industry professionals gather accurate and timely information about solar including the list of most trusted Solar Original Equipment Manufacturers.