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The largest international Trade Fair curated exclusively for the energy, power, renewables and electrical segment will be hosted at Lagos between 20,21,22 Feb 2024.
Indeed, it will bring stalwarts from the entire power, energy, renewable and electrical segment value chain under one roof.
Known as Nigeria’s financial centre and economic heart, Lagos offers a perfect platform for all international and national players to forge partnerships and business deals. Being well connected and the eclectic business atmosphere coupled with superior infrastructure makes Lagos the first choice for an international trade fair like Power Elec.
The world of solar power solutions is exciting. The only thing you have to do is to find out the best technologies, from residential panels to utility-scale projects, and connect with leading solar companies.
Powerelec Nigeria goes beyond solar! Explore various energy shows showcasing advancements in wind, hydro, biomass, and other renewable energy sources. These diverse energy sources will change your mind.
This comprehensive energy exhibition gives you a wide range of technologies and services across the entire energy sector, from generation and transmission to distribution and efficiency solutions.
Do not miss the dedicated Solar Show within Powerelec Nigeria! This focused exhibition provides a platform for everything solar, making it an ideal event for businesses and individuals interested in solar energy.
Powerelec Nigeria offers a dedicated Energy Show and it will showcase the latest advancements in the power and energy sector.
Looking for ways to embrace a greener future? Explore the dedicated Renewable Energy Show at Powerelec Nigeria. We introduce innovative solutions from wind, hydro, solar, and other renewable energy sources to power Africa.
Sharpen your focus on solar power at the Solar Power Exhibition. Let's examine the latest technologies, network with industry leaders, and find the perfect solar solution for your needs.
During this event, the entire power and utilities ecosystem at Powerelec Nigeria will give an overview of solutions for generation, transmission, distribution, and more.
Powerelec Nigeria is committed to clean energy solutions. In our dedicated exhibition, we will show you the latest advancements in technologies and strategies for a cleaner, greener energy future for Africa.
Do not be reluctant! Expand your knowledge and gain valuable insights at the Solar Industry Conference held alongside Powerelec Nigeria. Connect with experts, attend thought-provoking sessions, and stay at the forefront of the solar energy revolution.
Energy management is the key to using energy wisely, saving money, and reducing your environmental impact. Here is a breakdown of some events focused on this crucial field:
The highlight of POWERELEC NIGERIA 2024 shall be the 500+ pre-arranged B2B meetings for our exhibitors.
Though Nigeria is the largest economy in the sub-Saharan African region with a 195 million population, challenges in energy/ power act as growth dampeners. The country has a mix bag of energy /fuel sources that include large oil,gas, hydro and solar plants.
Currently, Nigeria generates 50 per cent of the installed capacity of 13.5GW.
The gap reflects power insufficiency. At present, only 45- 60 per cent of the Nigerian population is connected to the grid; but get about four hours of power supply.However, in the corporate sector, about 90 per cent depend on private generators to meet the power requirement. To address the acute shortage, the Federal Government of Nigeria has initiated investments in the solar power sector.
These reforms are ably aided by private investments. Privatizing the generation and distribution assets has helped significantly.
These reforms are ably aided by private investments. Privatizing the generation and distribution assets has helped significantly.
The country power peak demand is expected to touch 15GW by 2025.
The government aims to reach electricity to 90 per cent of the people in the country by 2030.
Though generation capacity has been increased through private investments, the actual power generation is lesser than the envisaged capacity. Also, the lack of transmission and distribution infrastructure is a major hurdle
As per a government communique, the country requires immediate funding of $40 billion in the generation, transmission and distribution segments. On its part, the government plans to invest $3 billion to $5 billion over the next 24 months. At the outset, experts estimate the investment opportunity in the range of 100 billion in the region.
The country has set an ambitious target to harness renewable source power. The government has set a target to achieve 23 per cent of the energy mix by 2025 and 36 per cent by 2030 through renewable power sources
Solar : Nigeria estimated solar potential is pegged at 427 GW or $9.2 billion per year solar mini gird opportunity. It imported $150 million worth of equipment in 2019. The import value of solar equipment grew by 51 per cent in the recent past.
Wind : Nigeria estimated solar potential is pegged at 427 GW or $9.2 billion per year solar mini gird opportunity. It imported $150 million worth of equipment in 2019. The import value of solar equipment grew by 51 per cent in the recent past.
The African continent has metamorphosed from continent of hopelessness to an investment destination in the last few years. The transformation has attracted global attention to the African region. Lead by infrastructure development, the investments in emerging sectors such as financial services, educational technology, financial technology etc., recorded a steady flow into the region. The power and energy segment, in particular, witnessed a higher focus towards generation, transmission and distribution. The investments in renewable energy, the most powerful tool for decentralised power distribution, also marked a significant rise in the region. Considering the massive power demand and supply gap, Nigeria offers a gold mine of opportunity for global power stakeholders.
