Nigeria Signs Agreement to Build 1,000MW Solar Panel Factory to Boost Local Production and Clean Energy
The Nigerian government has signed an agreement to establish a 1,000-megawatt solar panel manufacturing plant, a move aimed at increasing domestic production, reducing reliance on imports, and supporting the country’s transition to cleaner energy.
The signing ceremony took place at the Infrastructure Corporation of Nigeria (InfraCorp) office in Abuja. The project involves a partnership between the Rural Electrification Agency (REA), InfraCorp, and Dutch company Solarge BV, which together formed Solarge Nigeria Limited to manage the initiative.
Under the agreed ownership structure, Solarge BV will hold 49%, InfraCorp 26%, and REA 25% of the company. Officials explained that this arrangement is intended to attract investment, maintain effective oversight, and facilitate the transfer of technology.
The project aligns with Nigeria’s National Public Sector Solarisation Initiative and the Renewed Hope Infrastructure Development Fund, both of which aim to expand access to clean energy for public institutions while promoting local industry.
