Producing Sola Cells Locally Will Cause 60% Price Reduction – Minister

July 16, 2021
by
Ogbonnaya Onu
Ogbonnaya Onu

Producing solar cells locally will help reduce price of solar panels by 60 per cent and contribute to Nigeria’s transition into a green economy, the Minister of Science and Technology, Dr Ogbonnaya Onu, has said.

Onu said this while speaking at a virtual meeting with the Director-General of the International Renewable Energy Agency (IRENA), Mr Francesco La Camera, according to a statement on Thursday titled ‘Onu calls for indigenous solar cell production’.

Join our WhatsApp Channel

The statement quoted the minister as saying the production of indigenous solar cells would have a positive attendant effect on many industries in the country.

He called for the assistance of IRENA on institutional capacity building for research in enhancing green hydrogen energy.

“We want to make our solar cells in Nigeria; more foreign investors should be encouraged to come into Nigeria, which has a huge market of 200 million people,” Onu said.

The IRENA DG assured the minister that the agency would collaborate with Nigeria in developing renewable energy and boosting foreign direct Investment.

+ posts

Featured Stories

Latest from News

Nigeria’s Power Supply Fell in December, Testing Public Patience

Nigeria ended 2025 with growing pressure on its electricity regulators after official figures showed a drop in power generation and continued instability on the national grid in December. Prime Business Africa gathered from statements released by the Nigerian Electricity Regulatory Commission (NERC)

Uganda Polls: Bobi Says Optimistic of Winning Amid Alleged Violence

Ugandan pop star and opposition politician Bobi Wine, whose legal name is Robert Kyagulanyi, has alleged that he has been beaten, tasered, and attacked with teargas and pepper spray while campaigning against long-serving President Yoweri Museveni. Wine, a rising political figure with
PDP 1
Previous Story

Confusion, As Court Restrains INEC From Publishing Name Of PDP Candidate In Anambra

Gov. Lalong
Next Story

Lalong Grants Financial Autonomy To Plateau Judiciary, Legislature

Don't Miss

FIFA Club World Cup: Messi Shows Class As Inter Miami Edge Porto

Lionel Messi showed that his status as arguably the biggest
Backbase and Seven join forces to drive digital banking innovation in MEA

Backbase and Seven join forces to drive digital banking innovation in MEA

Partnership aims to revolutionize banking with seamless, scalable, and next-generation