LPV Technologies, a homegrown solar energy firm, has urged the Nigerian government to adopt a zero-import policy for solar panels, contending that decreasing dependence on overseas goods will bolster domestic production and boost employment within the renewables industry.
Recently, during the opening ceremony of its new solar panel production plant in Lagos, the firm announced an appeal stating that this facility can cater to Nigeria’s increasing requirement for top-tier solar products.
Given its roughly 60 percent electrification rate, Nigeria grapples with substantial energy poverty, which makes solar an essential solution for closing the power deficit, especially in remote regions. Nonetheless, LPV Technologies contends that depending too heavily on foreign-sourced solar panels hinders local manufacturing capabilities and stifles economic development.
The true answer to Nigeria’s power issues can be found in utilizing domestically manufactured solar energy solutions instead of relying on imported products,” stated Yinka Adelodun, the Executive Director of LPV Technologies. “Implementing a strategy with no imports would allow local producers to increase their output, generate employment opportunities, and develop a more environmentally friendly energy industry.
Situated close to the Synagogue Church of All Nations in Ikotun, Lagos, LPV Technologies’ facility was constructed over a period of two years to tackle various industrial issues like supply chain interruptions and the expensive importation of solar parts.
” numerous developers have to preorder panels several months ahead of time, only to encounter shipping delays and customs problems. A local manufacturing plant would enable us to offer top-notch solar panels as needed,” Adelodun noted additionally.
The company’s latest facility, outfitted with cutting-edge automation and quality assurance technologies, boasts a current production capability of 100 megawatts. It produces panels that range from 550 watts to 720 watts utilizing PERC technology.
Juwon Solarin, who leads business development and marketing at LPV Technologies, stressed that reducing imports would not only strengthen the domestic solar sector but also improve energy security.
” Unlike foreign panels that frequently differ in quality, ours adhere to stringent global standards and are designed to endure more than 25 years. By backing domestic manufacturing, Nigeria has the potential to emerge as a center for renewable energy within Africa,” she stated.
The firm encouraged the authorities to implement regulations that favor domestic producers, including tax breaks and subsidies, aiming to boost manufacturing capabilities and lessen Nigeria’s reliance on imported solar goods.
LPV Technologies has urged distributors and energy companies to collaborate with them in broadening the use of domestically produced solar panels throughout the nation.
Provided by Syndigate Media Inc. (
Syndigate.info
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