{"id":24217,"date":"2025-08-01T09:10:00","date_gmt":"2025-08-01T05:10:00","guid":{"rendered":"https:\/\/gbc1.net\/?p=24217"},"modified":"2025-10-23T11:48:39","modified_gmt":"2025-10-23T07:48:39","slug":"nigerias-oando-1-2-gw-pv-module-factory-on-track","status":"publish","type":"post","link":"https:\/\/gbc1.net\/index.php\/2025\/08\/01\/nigerias-oando-1-2-gw-pv-module-factory-on-track\/","title":{"rendered":"Nigeria’s Oando 1.2 GW PV Module Factory on Track"},"content":{"rendered":"\n

On 31 July 2025, Oando reported progress on the construction of a 1.2 GW capacity photovoltaic (#PV<\/a>) module assembly factory during its 1Q25 quarterly report. Financing has secured financing and completed the feasibility study for the project. <\/p>\n\n\n\n

The factory is expected to become operational by the end of 2026. The first phase will see a production line of 600 MW being installed. The project is expected to support ‘thousands of direct and indirect jobs’.<\/p>\n\n\n\n

Earlier, Oando Clean Energy and the Rural Electrification Agency (REA) of Nigeria signed a Memorandum of Understanding (MoU) to promote rural electrical access. The CEO of REA Abba Aliyu underlined that the partnership is ‘a game-changer’ in that it is not just expanding electricity access, but also positioning Nigeria as a renewable energy hub.<\/p>\n\n\n\n

\n

“This is Africa’s first solar module assembly plant with a recycling line that will see old and dysfunctional solar panels recycled into raw materials for various purposes.”<\/p>\nOando CEO Demola Ogunbanjo<\/cite><\/blockquote>\n\n\n\n

The next step is the final investment decision (FID) on the PV module factory. The Oando Group is also involved in eMobility, waste-to-energy project, a geothermal power plant, petrol retail, and even oil refining in Trinidad & Tobago.<\/p>\n\n\n\n

It is to be recalled that Nigeria enacted new laws in March 2025 to ban the importation of PV modules in order to encourage local production. In addition to Oando, Tranos is planning a 800 MW production line and China’s Red Solar is in talks with a local partner to set up a 600 MW module factory and <\/p>\n","protected":false},"excerpt":{"rendered":"

On 31 July 2025, Oando reported progress on the construction of a 1.2 GW capacity photovoltaic (#PV) module assembly factory<\/p>\n","protected":false},"author":1,"featured_media":24226,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":0,"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":""},"categories":[3],"tags":[186],"yoast_head":"\nNigeria's Oando 1.2 GW PV Module Factory on Track<\/title>\n<meta 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