The West African nation of Nigeria is full of irony when it comes to power generation. For a country blessed with oil, so much so that it is one of the major world producers, having power shortage and frequent blackout sure seems ironical.
The typical small businesses and households in Nigerian cities must factor in the price of generators and fuel in their monthly budget if they are to continue running their business without interruption from the chronic main national grid power blackout. Sometimes these blackouts can go for days in a row; not just couple of hours.
Needless to say, the cost of running power generators is high when you factor in the high initial cost of acquiring the machine, its regular maintenance, and the high fuel consumption. The generators are also very noisy and emit a lot of dark smoke thereby defacing the environment they are installed in.
So some small companies across Nigeria have come up buying solar panels and retailing it to the small businesses and homes. These startups are importing solar cells, assembling them, and configuring them before selling to the local market …read more