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Local Solar Cell Production will Reduce Price by 60 Percent – Minister

The Minister of Science and Technology, Dr Ogbonnaya Onu, has advocated the production of indigenous solar cells, saying this will lead to a 60 per cent price drop of solar panels and contribute to Nigeria’s transition into a green economy.

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

He was quoted as saying the production of indigenous solar cells would have a positive attendant effect on many industries in the country

The minister sought 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,” he said.

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

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