Warning: getimagesize(https://media.energytimesonline.com/wp-content/uploads/2020/08/logo_n-removebg-preview-300x55.png): failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found in /home/energytimes/public_html/wp-content/plugins/td-cloud-library/shortcodes/header/tdb_header_logo.php on line 792
Wednesday, July 28, 2021
Home Midstream Gas/Power Firm to set up 1GW solar panel manufacturing factory in Nigeria

Firm to set up 1GW solar panel manufacturing factory in Nigeria

- Advertisement -

Solmont Technologies, an OEM, plans to construct a 1,000 MW per annum solar panel manufacturing facility in Ondo State, Southwest Nigeria. The factory is expected to cost $70 million and be sited a 60,000 sqm area at the Ore Industrial Park.

Patrick Tolani, a director at  Solmont, noted that the ease of doing business in the state attracted them to site the business at the park.  Tolani noted that Solmont’s products are designed with Nigerian climatic conditions in mind, which will lead to optimal functionality and better user satisfaction.

“The plan is to produce solar panels, batteries, inverters, among other components. There is also nanotechnology that we are working on. Once it is sprayed on the panels, it won’t need cleaning. It is both anti-rain and anti-dust. What that does is that it boosts the generation capacity of the solar panels. It is proven that the technology can boost generation by more than 35 per cent,” he added.

Solmont Technology group is a multinational company with operations in China, Canada, and Nigeria that aims to facilitate clean energy development and enhance solar panel life quality through nanomaterial-based solutions.



Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Electricity generation from Egbin plant hits 883MW, loses N13.68bn to gas, grid constraints

  BY KAYODE EKUNDAYO Electricity generation from Egbin Power Plant has risen to 883MW as another 175MW unable to be utilized due to external constraints with...

Russia writes OPEC, restates commitment to cooperation

Russia has reaffirmed its commitment to the development of the constructive cooperation with the Organisation of Petroleum Exporting Countries (OPEC) both within the framework...

Oriental Energy Resources Announce Mustafa Indimi New Managing Director

Mustafa Indimi has been appointed the new Managing Director of Oriental Energy Resources Limited, a leading indigenous oil exploration and production company in Nigeria....

Shareholder protection is our priority- Lekoil Nigeria CEO

The Chief Executive Officer of Lekoil Nigeria Limited, Mr. Lekan Akinyanmi, has disclosed that the protection and growth of shareholder value remain priority in...

Recent Comments