In efforts to boost the renewable energy sector in Nigeria, Shell Petroleum Development Company, (SPDC) has committed to a $1.5 million investment deal with Auxano Solar to scale up operations over the next five years.
The investment, which is spearheaded by All On, a Shell-funded investment company will fast-track locally made materials for solar projects, thereby making it affordable to Nigerians. Programmes and Investment Manager, All On, Afolabi Akinrogunde, said the investment is aimed at expanding Auxano’s solar panel assembly capacity by over 50 per cent and a great win for local content…
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