Can off-grid solutions be used in Nigeria?

Getting off-grid solutions to scale and commercial viability in Nigeria will unlock an enormous market opportunity in Sub-Saharan Africa across 350 million people in countries with smaller demand and/or less-robust economies.

What is happening in the solar sector in Nigeria?

The SAS sector has witnessed significant growth, fuelled by increased donor, government, and private sector investment. Most recently, the Nigerian government launched a plan to deploy 5 million solar connections via solar home system (SHS) and mini-grids by 2023.

How many solar panels are there in Nigeria?

Most recently, the Nigerian government launched a plan to deploy 5 million solar connections via solar home system (SHS) and mini-grids by 2023. About 324,000 quality verified SAS units were sold in 2019, up from negligible sales five years earlier1, ranking Nigeria as the fifth largest market globally by sales volume.

Are Ogun and Cross River States ready for a minigrid?

Deep dive analyses in Ogun and Cross River states show numerous sites that are ready for large-, medium-, and small-scale minigrids, and a significant opportunity to meet more remedial needs with solar home systems. situation not currently found elsewhere in Sub-Saharan Africa.

How much do solar panels cost?

Prices range between USD34 and USD148. Solar panels are available in a wide range of sizes, and Sunshine Solar leads the market by a large margin (at 34 per cent brand penetration with next competitor at 6 per cent; Sunshine has 15 per cent product market share). Sunshine is an entrenched brand, locally owned with strong distribution networks.

Where do traders buy solar products?

Traders in urban and peri-urban areas are stocking productive use (PUE) solar products, with the exception of solar batteries and streetlights, at much lower penetration than SAS. Some products such as high-capacity panels are found predominantly in wholesalers and distributors, who will sell them to corporate clients. 9.