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REA targets 3.7GW local solar panel manufacturing by 2027
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BizWatchNigeria.Ng
Key pointsREA plans to establish 3.7GW of local solar PV manufacturing capacity by the end of 2027.
The agency says local production will reduce imports and strengthen Nigeria’s renewable energy value chain.
Main storyThe Rural Electrification Agency (REA) says it plans to establish 3.7 gigawatts (GW) of local solar photovoltaic (PV) panel manufacturing capacity by the end of 2027 as part of efforts to deepen domestic renewable energy production and expand electricity access.
According to him, expanding local manufacturing will reduce dependence on imported solar equipment while strengthening Nigeria’s renewable energy value chain.
Bottom lineBy expanding local solar manufacturing and deploying technology-driven electrification strategies, the REA aims to improve electricity access while positioning Nigeria as a stronger player in Africa’s renewable energy industry.