HomeBusinessBP-backed startup cuts Nigeria’s power costs by 70%

BP-backed startup cuts Nigeria’s power costs by 70%

A clean energy technology startup backed by global energy company Bp has expanded its operations in Nigeria, offering households and small businesses a cheaper alternative to generators as the country continues to battle electricity shortages.

The startup, bPOWERd, has established an operational presence across seven locations in Lagos through a partnership with 11plc, operator of Mobil service stations. The company is using the sites to provide solar-powered battery rentals designed to deliver affordable and reliable electricity to homes and businesses.

Read also: Embedded power push puts grid-weary businesses on notice

Nigeria remains one of the countries with the largest energy access gaps in the world. According to World Bank data, about 43 percent of the population lacks access to the national electricity grid. For many households and business owners, generators remain the primary source of backup power, but rising fuel costs have made them increasingly expensive to operate.

bPOWERd says its

This post was originally published on this site.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

- Advertisment -
Google search engine
- Advertisment -
Google search engine