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

Morocco Earmarks $330m for Flood-Hit Northern Regions

The Morocco government has approved a 3bn dirham ($330m) emergency package to support communities in its northern provinces after weeks of unusually heavy rainfall triggered widespread flooding. In a statement on Thursday, the royal palace said King Mohammed VI had ordered a

INEC Sets Dates For Presidential, Governorship Elections

Nigeria’s electoral umpire, the Independent National Electoral Commission (INEC), has fixed 20 February 2027 for the presidential and National Assembly elections and 6 March 2027 for governorship and state assembly polls, formally triggering the countdown to the country’s next general election. Announcing

Germany Confirms Revival of $2.3bn Siemens Power Deal Under Tinubu

Germany has confirmed that the $2.3 billion Presidential Power Initiative (PPI) with Nigeria, implemented by Siemens AG, remained largely dormant under the previous administration but has regained momentum under President Tinubu. Johannes Lehne, Deputy Head of Mission at the German Embassy in
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

Petrol Imports Rise To 154m Litres Weekly As Naira-for-Crude Crisis Persists

The importation of Premium Motor Spirit (PMS), commonly known as
NCC Announces Restoration Of Voice, Data Services Affected By Undersea Cable Cuts

NCC Announces Restoration Of Voice, Data Services Affected By Undersea Cable Cuts

The Nigerian Communications Commission (NCC) declared today that voice and