Nigeria: Tranos Begins Construction of 800mw Solar Panel Plant to Boost Nigeria’s Energy Industry

Tranos, an indigenous engineering and manufacturing company, has begun laying the basis for an 800-megawatt photo voltaic photovoltaic (PV) panel manufacturing line, signalling a important advancement within the localisation of renewable energy manufacturing in Nigeria.

The contemporary manufacturing campus measuring about 157,440 sq. metres will encompass an 800-megawatt photo voltaic photovoltaic (PV) panel manufacturing factory, signalling a important advancement within the localisation of renewable energy manufacturing in Nigeria.

Tranos also plans to creep its present factories in Lagos to the contemporary campus and amplify their present manufacturing, bettering skill, capabilities and quality. This can take care of place constraints and hassle the company to meet rising home query for his or her products.

Tranos Managing Director, Jude Abalaka, stated: “Today’s groundbreaking is more than a construction milestone, it is an investment in Africa’s industrial future. This campus will scale our production, create jobs, and deliver solutions aligned with Nigeria’s energy, industrial and infrastructural ambitions”.

For the time being, over 90 per cent of photo voltaic PV panels vulnerable in Nigeria are imported, which often leads to delays and elevated prices for photo voltaic tasks. Tranos, he stated, aimed to plan enough panels domestically to offer the total Nigerian market, with extra skill for export, including that, this localisation is anticipated to ease offer chain challenges and enable for product customisation suited to native stipulations.

The energy, he added, will in the beginning operate one manufacturing line, with the first anticipated to be operational inside of 15 to 18 months, producing 400 megawatts annually, even because the beefy 800-megawatt skill is targeted for by 2027, contributing vastly to Nigeria’s renewable energy dreams.

The growth may be space to boost employment, with Tranos projecting to develop its team from 160 to approximately 400 staff inside of two years. The venture will stimulate the native financial system and has already prompted infrastructure enhancements, including boulevard repairs to the contemporary place.

Ogun Inform governor, Dapo Abiodun, who used to be represented by his Special Adviser on Energy, Jide Onakoya, praised Tranos for its role in Nigeria’s industrialisation and highlighted the order’s present electrical energy law reforms aimed toward bettering energy entry.

He famed the success of photo voltaic-powered boulevard lights in reducing energy prices by over 30 per cent and emphasised the significance of life like tariffs and renewable energy choices for a ways away communities.

Managing Director, Rural Electrification Agency (REA), Abba Abubakar Aliyu, underscored the authorities’s dedication to making Nigeria a renewable energy hub in Africa. He highlighted the DARES Programme and the $750 million World Financial institution funded initiative devoted towards catalysing non-public sector investment in renewable energy financing.