Nigeria’s industrial sector is increasingly turning to solar power, as companies look for more reliable and affordable energy sources.
A new 1.8 MWp solar plant will supply electricity to a plastic production and recycling operation run by Noclink Ventures, under a partnership with PowerGen Renewable Energy. The project, announced April 9, is designed to meet the site’s energy needs while lowering operating costs.
The agreement also includes a recycling facility that converts waste into consumer goods, with a focus on reducing energy expenses, according to the companies.
The project is part of PowerGen’s broader expansion strategy. In 2025, the company launched a platform aimed at deploying 120 MW of renewable energy across sub-Saharan Africa, including battery storage solutions. Backed by PIDG, ElectriFi, Denmark’s IFU, and the African Development Bank, the initiative initially targeted 7,000 businesses, with a focus on commercial and industrial clients in Nigeria.
The move comes as Nigeria’s solar market accelerates, driven by persistent weaknesses in the national grid and the high cost of diesel generators.
According to the Global Solar Council’s “Africa Market Outlook 2026–2029,” Nigeria installed 803 MW of solar capacity in 2025, bringing total installed capacity to nearly 1.19 GW. Decentralized systems account for about 96% of installations, reflecting the shift toward off-grid solutions.
Recent projects point to the same trend. In April 2025, Husk Power announced a 1.3 MWp solar plant with 860 kWh of storage for Olam Agri’s rice operations in Nasarawa State under a long-term agreement. In January 2026, Empower New Energy commissioned a 1 MWp solar plant with 2.15 MWh of storage for an industrial site in Kano, aimed at securing power supply.
Despite these developments, access to electricity remains a major challenge. The World Bank estimates that about 86.8 million Nigerians lacked access to electricity in 2023—the highest number globally.
In this context, where grid supply is unreliable and diesel remains both costly and polluting, decentralized solar solutions are increasingly emerging as a practical option for businesses.
Abdoullah Diop
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...
This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...
West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...
New Johannesburg center aims to train partners and expand AI capabilities Focus on moving local firms from resellers to solution developers Initiative...
AfDB launches initiative to redesign how Africa mobilizes and deploys capital Financing gap exceeds $400 billion despite large domestic...
Ethiopian Airlines and Asky plan a regional aircraft maintenance hub West Africa faces a shortage of MRO infrastructure Project enters a growing but...
South Africa, Nigeria, and Kenya rank as Africa’s most competitive outsourcing hubs Seven African countries place in the global top 25, matching Asia’s...
Sungbo Eredo, located in southwestern Nigeria near the Yoruba town of Ijebu-Ode, stands as one of the most remarkable yet overlooked monuments of...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...