The Rural Electrification Agency has committed to increased cooperation with LPV Technologies, a prominent manufacturer of solar products and supplier of energy solutions, aiming to reduce capital outflow within Nigeria’s renewable energy industry.
During a recent visit to LPV’s solar panel factory in Lagos, REA Managing Director, Abba Aliyu, hailed the company as one of Nigeria’s most efficient, praising its role in driving the country’s energy transition and creating jobs.
Aliyu stated that LPV's capability to manufacture locally is vital for Nigeria’s plan to reduce reliance on imported clean energy systems. "It's a strategically important facility, constructed domestically but operating at global standards," he emphasized.
He stated that the nation requires approximately $410 billion to finish its energy transformation and at least $40 billion to bridge the electricity access deficit. Indigenous initiatives such as LPV are crucial for achieving these goals.
“The country with the greatest potential for distributed renewable energy, Nigeria, only created 70,000 jobs in the sector last year compared to China’s 7 million out of a global 14 million,” Aliyu noted. “We must turn our electricity access challenge into a job creation opportunity.”
Commending LPV Technologies’ investments, Aliyu said the company has gone beyond manufacturing by also investing in implementation and talent development.
“This is in line with President Bola Ahmed Tinubu’s new economic strategy to localize production and enhance the GDP. What LPV is doing is turning a national challenge into a national opportunity,” he stated.
He mentioned that the firm’s offerings exceed certain imported items in terms of both quality and traceability, highlighting the integrated technologies used to monitor every panel throughout the entire process—from component procurement to final assembly.
"This represents Nigeria to the global community. The panels produced here match up against any international brand in terms of quality and automation. It gives me great pride to state that LPV’s offerings can easily go toe-to-toe with those from anywhere else," he said additionally.
Aliyu also disclosed an ongoing collaboration between the REA and the Nigeria Police Force, aimed at solarizing police stations nationwide. This initiative, backed by a signed Memorandum of Understanding, will draw from LPV’s production standards to ensure quality and reliability in implementation.
“We’re already rolling this out and will provide further updates soon,” he said.
The visit also had in attendance the Executive Secretary of the Nigeria Police Trust Fund, highlighting the multi-agency collaboration being fostered to drive Nigeria’s energy reforms using locally sourced solutions.
Speaking at the event, the Chairman of LPV Technologies, Mr Nzan Ogbe, emphasised the strategic importance of decentralized energy infrastructure to reduce the cost of power across Nigeria.
He emphasized LPV's dedication to aiding governmental initiatives through the development of clean energy solutions that are simple to implement, resistant to common power grid constraints, and tailored to fit specific regional needs.
"The primary challenge in Africa nowadays extends beyond corruption to include energy security and the privileges associated with holding power. This is what we aim to tackle. Our efforts go further than mere production; they focus on establishing cost-effective and expandable avenues for achieving energy accessibility," stated Nzan.
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