Joseph Bakare
A local solar energy firm, LPV Technologies, has announced its plans to produce solar panels that will meet demand and provide energy efficiency as well as create jobs in Nigeria.
The company successfully inaugurated its new solar panel manufacturing facility in Lagos, which it says is capable of meeting the country’s growing demand for high-quality solar solutions.
With the investment and anticipated growth plan, the firm called on Government to implement a zero-import policy for solar panels.
It said the ban will reduce reliance on foreign products will strengthen local manufacturing and drive job creation in the renewable energy sector.
With only about 60 per cent electrification, Nigeria faces significant energy poverty, making solar a crucial alternative for bridging the power gap, particularly in rural areas.
However, LPV Technologies believes that excessive reliance on imported solar panels undermines the potential for local production and economic growth.
“The real solution to Nigeria’s power challenges lies in harnessing locally produced solar energy systems rather than depending on imports,” said Executive Director of LPV Technologies, Yinka Adelodun. “A zero-import policy will enable Nigerian manufacturers to scale production, create jobs, and build a more sustainable energy sector.”
The LPV Technologies’ factory was developed over two years to address industry challenges, such as supply chain disruptions and the high cost of imported solar components.
“Many developers are forced to order panels months in advance, only to face shipment delays and customs issues. With a local production facility, we can provide high-quality solar panels on demand,” Adelodun added.
The company’s new facility, equipped with advanced automation and quality control technology, currently has a production capacity of 100 megawatts and manufactures panels ranging from 550-watt to 720-watt configurations using PERC technology.
LPV Technologies’ Head of Business Development and Marketing, Juwon Solarin, emphasised that limiting imports would not only boost the local solar industry but also enhance energy security.
“Unlike imported panels, which often vary in quality, our panels meet strict international standards and are engineered to last over 25 years. By supporting local production, Nigeria can become a hub for renewable energy in Africa,”she said.
The company urged the government to introduce policies that prioritise local manufacturers, such as tax incentives and grants, to help scale production and reduce Nigeria’s dependence on foreign solar products.
LPV Technologies also called on distributors and energy firms to partner with them in expanding the adoption of locally made solar panels across the country.