Nigeria Launches 1GW Solar Panel Factory to Boost Energy Transition

Category: Economy |
Nigeria TV Info – Nigeria to Host 1GW Solar Panel Factory as REA, InfraCorp, Solarge BV Launch Solarge Nigeria Limited

In a major step towards accelerating Nigeria’s energy transition and industrialisation agenda, the Rural Electrification Agency (REA), Infrastructure Corporation of Nigeria (InfraCorp), and Solarge BV of the Netherlands have announced the creation of Solarge Nigeria Limited, a Special Purpose Vehicle (SPV).

The SPV will establish and operate a 1 gigawatt (GW) solar photovoltaic (PV) panel manufacturing facility in Nigeria. The agreement was signed at InfraCorp’s office in the Central Area of Abuja.

According to a Wednesday statement from the REA, the co-ownership and strategic offtake collaboration aligns with the Federal Government’s National Public Sector Solarisation Initiative (NPSSI) and the wider objectives of the Renewed Hope Infrastructure Development Fund (RHIDF).

The agency explained that the initiative is designed to scale clean energy access for public institutions while deepening local content in Nigeria’s renewable energy sector.

 This public-private partnership will leverage InfraCorp’s investment mobilisation capacity, REA’s policy leadership in rural electrification and public sector solarisation, and Solarge BV’s advanced technology and manufacturing expertise to localise high-quality solar PV production in Nigeria,” the REA stated.

Project Highlights

Establishment of a 1GW solar PV factory, a state-of-the-art facility to be built in Nigeria.

A target of 50 per cent local content within the first three years.

Significant technology transfer, capacity building, and job creation, boosting Nigeria’s energy transition and industrial policy goals.

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