Analytics

Technical performance & business intelligence · 2024

BM

1.84 MWp

Total Capacity Deployed

Solar PV installed 2024

2,820 kWh

Battery Storage Deployed

Lithium energy storage

240 units

Streetlights Installed

LED solar streetlights

+68%

Revenue Growth YoY

vs ₦290M in 2023

Quarterly Capacity Deployed

Solar PV kWp installed per quarter, 2024

220 kWp
Q1 2024
380 kWp
Q2 2024
540 kWp
Q3 2024
704 kWp
Q4 2024

Capacity by Geopolitical Zone

FCT / North-Central450 kWp · 3 projects
South-East (Enugu)350 kWp · 1 project
South-South (PH)280 kWp · 1 project
South-West (Lagos)200 kWp · 1 project
North-West (Katsina)180 kWp · 1 project

Total: 1.84 MWp across 5 zones · North-East targeted for 2025

Quarterly Performance Summary

PeriodPV Capacity (kWp)Battery Storage (kWh)StreetlightsRevenue (₦M)Growth
Q1 2024220 kWp440 kWh88MBaseline
Q2 2024380 kWp620 kWh80142M+61%
Q3 2024540 kWp800 kWh160168M+18%
Q4 2024704 kWp960 kWh240189M+13%

2025 Projection

Target: 5 MWp · ₦1.8B Revenue

5 MWp

Capacity Target

+172% YoY

₦1.8B

Revenue Target

+270% YoY

1

New Zones

North-East expansion

12+

New Projects

Pipeline in development