Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData - GlobalData

Salpha Energy Secures $1.3M to Expand Solar Manufacturing

Shell-backed All On invests in Salpha Energy, a female-led clean energy firm, to boost local solar assembly and off-grid access Strategic Investment to Power Local Solar Innovation Nigerian clean energy startup Salpha Energy (site) has secured a $1.3 million investment from All On, an impact investor backed by Shell. The funding aims to scale Salpha’s local solar assembly operations and expand its product portfolio, reinforcing the company’s com…

Nigeria’s renewable power capacity to reach 1.7GW in 2035, forecasts GlobalData - GlobalData

The renewable energy sector in Nigeria presents a wealth of growth opportunities. Nigeria plans to increase the share of renewable electricity generation to 23% in 2025 and 36% by 2030. Under the Renewable Energy Master Plan (REMP), the country planned to increase the cumulative installed capacities of small hydropower, solar PV, biomass, and wind power to 2GW, 500MW, 400MW, and 40MW by 2025, respectively. Against this backdrop, renewable power …