All On, a Shell-funded impact investment company, and Auxano Solar Nigeria Limited have brought to operation Nigeria's biggest fully-automated 100 Megawatts (MW) Solar Photovoltaic (PV) module assembly factory located in Ibeju Lekki, Lagos.
The plant is targeted at reducing Nigeria's dependence on imported solar panels, thereby driving down foreign exchange costs and creating economies of scale in the use of climate-smart alternative energy sources.
Speaking at the inauguration, Managing Director/Chief Executive Officer, All On, Caroline Eboumbou, said the facility represented a significant milestone in the growth and development of the renewable energy sector in Nigeria and Africa at large. She said:"The success of Auxano as the first privately-owned solar assembly factory is a triumph for the promotion of local manufacturing within the Nigerian renewable energy sector."
Co-Founder and Chief Executive Officer of Auxano Solar Nigeria, Chuks Umezulora, emphasised that inaugurating the 100MW automated solar panel factory was a dream come true.
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