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REA, Ecotech Seal Landmark Deal to Drive Local Solar Manufacturing, Boost Energy Transition
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THISDAYLIVE
The initiative aimed at strengthening local solar manufacturing, deepening technology transfer and accelerating the industrialisation agenda.
The partnership is designed to reduce Nigeria’s dependence on imported renewable energy equipment while creating jobs, retaining foreign exchange, expanding local technical capacity and supporting the federal government’s clean energy and industrial development objectives.
Earlier, Managing Director/Chief Executive of REA, Abba Aliyu, described the agreement as a watershed moment for Nigeria’s renewable energy sector, noting that it represents the first commitment by a Tier-One Chinese renewable energy company to establish manufacturing and assembly operations in the country.
For homes and small businesses, Zhao said Ecotech would supply integrated energy storage systems with capacities of about 10 kilowatt-hours and 14 kilowatt-hours, alongside single-phase and three-phase hybrid inverters ranging from 5kW to 12kW.
He added that the company’s commercial and industrial portfolio includes 200kWh battery storage systems as well as larger containerised energy storage solutions with capacities ranging from about 1.075MWh to 2.15MWh.