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Auxano Photo voltaic, an indigenous photo voltaic answer supplier firm, has launched its 100 megawatts (MW) automated Photo voltaic PV manufacturing plant on Thursday, September 28, 2023, in Lagos.
The conception of the Photo voltaic PV manufacturing unit, which is situated in Ibeju Lekki, began in 2020 and All On, a Shell funded influence investor, invested $2 million within the mission.
Talking with BusinessDay on the commissioning, Chuks Umezulora, the Co-founder and CEO of the corporate, stated that the main target of Auxano Photo voltaic is to resolve considered one of Nigeria’s most dire issues – entry to electrical energy.
Nigeria has been designated the nation with the most important variety of folks missing entry to electrical energy with 86 million of its over 200 million inhabitants residing with out electrical energy as of 2021, a joint report by a number of worldwide companies, has revealed.
“Our focus is to penetrate the Nigerian market earlier than shifting in direction of exporting the Photo voltaic PV to neighbouring nations,” he stated. “Our goal is each the formal – photo voltaic companies who’re into mini-grids, industrial and industrial photo voltaic suppliers – and the casual sector – the importers of photo voltaic panels for resale.”
Umezulora stated the main challenges to getting the manufacturing unit up was accessing finance (particularly the capital expenditure) to ship the mission on the forecasted time.
Learn additionally: BATN unveils photo voltaic plant to spice up electrical energy provide
“This facility is considered one of many to come back and we sit up for eradicating the numbers of individuals within the nation with out entry to electrical energy by offering inexpensive Photo voltaic programs,” the CEO stated.
Auxano Photo voltaic is a one of many rising renewable vitality firms in Nigeria with emphasis on solar energy.
“With this facility, we can shut the deficit in electrical energy accessibility within the nation,” stated Demoka Onanuga, the Chairman of Auxano Photo voltaic.
In accordance with him, the power tends towards lowering the unit fee of solar energy in Nigeria and making it inexpensive for households and companies, thereby lowering the numbers of individuals with out entry to electrical energy.
Moreover manufacturing photo voltaic PV modules, the indigenous firm can be concerned within the design, set up and gross sales of solar energy programs and parts akin to inverters, batteries, cost controllers, and so forth.
Wiebe Boer, the President of Calvin College, stated the absorption of the 100 MW manufacturing by the market may translate to renewable progress in Nigeria and Africa.
“Some years again, the whole put in base of solar energy in Nigeria was 200 me however now, with this manufacturing unit, Nigeria is on track,” stated Boer, who can be the previous CEO of All On.
In accordance with All On, its mission is to extend entry to industrial vitality services and products for underserved and unserved off-grid vitality markets in Nigeria.
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