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

Why This Moment Frightens

Fueled by Grace 

For thirty years, without break, a major public lecture or talkfest, as I prefer to call it, has marked my birthday. Thirty

Latest from News

We’ll Study Egypt’s Power Generation, Transmission Model – Minister

Nigeria Bans Charges for Electricity Meters Amid Public Scepticism

Nigeria’s government has ordered electricity distribution companies to stop charging customers for meter installation, warning that officials who demand payment will face prosecution. The Minister of Power, Adebayo Adelabu, announced the nationwide ban on Thursday during an inspection of newly imported electricity

Africa No Longer Facing Mpox Emergency, CDC Says

Africa is no longer experiencing a mpox public health emergency, the Africa Centres for Disease Control and Prevention (Africa CDC) has announced. Although the viral infection remains endemic in parts of the continent. The statement, made on Saturday by Jean Kaseya, Director

Trilateral Peace Talks on Russia-Ukraine War End Without Breakthrough

The first trilateral peace talks between Russia, Ukraine, and the United States concluded on Saturday without any major breakthrough, as Russian attacks on Ukrainian cities continued, leaving civilians dead and injured and casting doubt on near-term diplomatic progress. The two-day meeting 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

Whatsapp Introduces New Features For Android, iPhone Users

How To Use WhatsApp On Multiple Devices

WhatsApp has introduced new features which allows users to log
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 20th July 2024

What is the Dollar to Naira Exchange rate at the