World: Dutch Company to Light a Million Nigerian Homes With Solar Power - - PressFrom - US
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World Dutch Company to Light a Million Nigerian Homes With Solar Power

09:30  01 december  2019
09:30  01 december  2019 Source:   bloomberg.com

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Lumos Global BV, a Dutch company specializing in off-grid solar power , plans to light up over a million Nigerian households by 2025 as it Lumos, which has already fitted more than 100,000 solar home systems around Nigeria , will receive a fee for each new installation from the Rural

In a country where only 40% of people have access to grid electricity, the government is looking to sunshine to power health centres and homes .

(Bloomberg) -- Lumos Global BV, a Dutch company specializing in off-grid solar power, plans to light up over a million Nigerian households by 2025 as it expands in Africa’s most populous country of more than 200 million where only 60% have access to electricity.

a large building: Solar panels stand at the Connexus Energy Athens Township solar-plus-storage project site in Athens Township, Minnesota, U.S., on Wednesday, Sept. 5, 2018. Connexus Energy Athens Township project integrates large scale battery storage with a solar array to manage peak demand and is the first commercial-battery deployment in Minnesota.© Bloomberg Solar panels stand at the Connexus Energy Athens Township solar-plus-storage project site in Athens Township, Minnesota, U.S., on Wednesday, Sept. 5, 2018. Connexus Energy Athens Township project integrates large scale battery storage with a solar array to manage peak demand and is the first commercial-battery deployment in Minnesota.

The Nigerian government announced last week that it awarded a share of a $75 million World Bank-funded grant to Lumos to support its business in the west African nation, as part of efforts to back quick and simple solutions to the country’s energy deficit due to an absent or unreliable electricity grid.

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Many nations have installed significant solar power capacity into their electrical grids to supplement or provide an alternative to conventional energy sources.

The founders of Dutch company Lumos knew they could do better. In Nigeria , for the cost of powering a small generator for two hours they offer enough solar power to light a house, cool a room with a fan and charge cell phones for about eight One million Bangladesh homes on solar power .

“The market is enormous”, Lumos Chief Executive Officer Alistair Gordon said by phone of Nigeria’s fast growing population. “Having some assistance with that significant capex outlay and investment through these sorts of grants is a real help.”

Lumos, which has already fitted more than 100,000 solar home systems around Nigeria, will receive a fee for each new installation from the Rural Electrification Agency, known as REA, Gordon said.

The Amsterdam-based company isn’t targeting only rural areas that are not served by the electricity grid but also towns and cities where power outages are frequent and households rely, at least partly, on generators. Lumos’ offering of solar panels and a battery enables families to spend a flat fee of around $15 per month rather than three or four times as much on kerosene or diesel, according to Gordon. The company expects to sign up more than a million households by the middle of next decade, he said.

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The first and foremost Solar PV conference focused solely on the Nigerian market and the Solar utilization in Nigeria has made strides over the last 5 years, but still remains very low despite the Daystar Power is headquartered in Nigeria , with operations in other African countries such as Ghana

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Monthly Fee

Lumos distributes its equipment and services in Nigeria through the stores of MTN Group Ltd, the biggest mobile telecommunications operator in the country, charging a $40 joining fee and a $12 installation charge. Customers pay the monthly fee via their mobile phones or the system is shut off.

The Lumos unit runs appliances such as lights, fans, mobile phones and televisions, or – in the case of small businesses – sewing machines and hair clippers, Gordon said.

The grant for standalone systems is part of $350 million raised by Nigeria from the World Bank to increase electrification rates in rural areas. The largest portion of $150 million is dedicated to developing solar mini-grids.

“The REA knows that solar is the quickest way that everyone is going to get power as fast as they can,” Gordon said.

Nigeria is only able to send about a quarter of its total installed capacity to homes and businesses due to its dilapidated power network, much of it built in the 1980s. The government signed a deal with Siemens AG in July to rehabilitate and expand the country’s transmission grid.

To contact the reporter on this story: William Clowes in Abuja at wclowes@bloomberg.net

To contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Dulue Mbachu, Anthony Osae-Brown

For more articles like this, please visit us at bloomberg.com

©2019 Bloomberg L.P.

47 Nigerian men are on trial for same-sex displays of affection. They face a decade in jail. .
Homosexuality is outlawed in 32 African countries, where socially conservative values reign. Many leaders see decriminalizing same-sex unions as promoting them, which, they say, is at odds with their religious traditions. South Africa is the only nation on the continent where LGBTQ rights are guarded in the constitution. Other countries police gay expression with public obscenity charges. Those who break the law in Nigeria — which can carry a penalty of up to 14 years in jail — typically face extortion and blackmail, activists say. Others who don’t hide their sexuality face harassment and beatings.

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