ZOLA Electric Announces Expansion into Nigeria Market - Premium Times Nigeria

According to Mr. Bill Lenihan, Chief Executive Officer, ZOLA’s entry into the Nigerian market is in line with the mission of the company to use distributed renewable energysolutions to make clean, affordable reliable 24 hour accessible for anyone, anywhere.

Mr Lenihan explained that ZOLA will expand its distributed smart storage + solar energy model and launch an affordable renewable energy alternative for Nigerians in a bid to deliver clean energy access to over 1 million households and businesses in Nigeria over the next three years. This ambitious expansion is focused on improving environmental, health and economic outcomes while driving the transition to clean, renewable energy.

“With the current electricity access deficit in Nigeria affecting an estimated 80 million people each day, ZOLA’s expansion will help Nigerian homes and businesses to access reliable 24 hour, with smart storage + solar for a monthly price that is less than the average energy outlay on diesel generators. By combining our PAYGo micro-finance leasing and mobile money payments, ZOLA’s energy access model is financially inclusive and adaptable to energy need and income” said Lenihan.

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