Nigeria records 10% drop in solar panel imports
Nigeria has recorded a significant decline in solar panel imports, with a 10% drop in the last quarter. This decrease is attributed to the growing local manufacturing industry, which is increasingly meeting the country’s demand for solar panels. The Nigerian government’s efforts to promote local content in the renewable energy sector have started to bear […]
FUNAI Solar Panel
Nigeria has recorded a significant decline in solar panel imports, with a 10% drop in the last quarter.
This decrease is attributed to the growing local manufacturing industry, which is increasingly meeting the country’s demand for solar panels.
The Nigerian government’s efforts to promote local content in the renewable energy sector have started to bear fruit, according to stakeholders.
Initiatives such as the Nigerian Content Development and Monitoring Board (NCDMB) have provided support to local manufacturers, enabling them to increase production capacity and improve product quality.
Local solar panel manufacturers, such as LPV Technologies, are at the forefront of this growth.
The company has invested heavily in state-of-the-art manufacturing facilities and has partnered with international technology providers to ensure the highest standards of product quality.
In a statement on Monday, the company said with IEC-standard modules now manufactured in Lagos, LPVT is ensuring timely delivery and consistent quality for energy projects nationwide.
“We recognize how urgent Nigeria’s energy needs are,” said Mr. Olugbenga Odunlami, Group Head of Supply Chain at Levene Energy, owners of LPVT Technologies, adding, “By manufacturing locally, we eliminate the long delays and uncertainties associated with imports, while delivering solar panels that meet globally recognized standards.”