Home Business Nigeria Expands Energy Trade, Starts Solar Panel Exports to Ghana

Nigeria Expands Energy Trade, Starts Solar Panel Exports to Ghana

by Arabella Zikora

The Nigerian government has announced that the country now exports locally manufactured solar panels to Ghana.

The federal government stressed that the country’s electrification model is increasingly being recognized across the continent.

According to the government, Nigeria now has potential for solar deployments in border communities to support cross-border electricity trade, strengthening regional integration and energy security.

The Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, disclosed this during a recent event.

Aliyu noted that the federal government increased the country’s solar panel manufacturing capacity to 300 megawatts from 120 MW in two years through its $425 million investment plan.

”This momentum is being reinforced by approximately $425 million in investment earmarked for the establishment of 8 renewable energy manufacturing facilities across the country, alongside additional commitments secured at the Nigeria Renewable Energy Innovation Forum (NREIF) 2025,” he stated.

You may also like

Leave a Comment

Online Media Published By

Precise Post Online Media Ltd (RC 7570339)

We are team of competent journalists, crafting compelling data-driven stories; shedding light on global news with precision and authority.

Precise Post @2024 – All Right Reserved. Designed and Developed by ObserverNG