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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

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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.

 

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