Directory/Nigeria/Gennex Technologies

Gennex Technologies

free
Lagos, Lagos, Nigeria
0.0(0 reviews)
Est. 2012
Serves 150km radius

About

Leading solar company in Nigeria specializing in sales, distribution, and installation of solar energy products. Designs and manufactures solar panels, batteries, and universal inverters for microgrid, on-/off-grid and hybrid applications across all 36 states.

Solar Market in Nigeria

Electricity Rate
50.82
per kWh
Solar Buyback Rate
0.00
per kWh
Peak Sun Hours
4.8h
daily average
Panel Cost
280,000
per kW installed
Est. Annual Savings
534,220
6kW system

Available Solar Incentives in Nigeria

tax credit

Nigeria Pioneer Tax Status for RE

100%

Pioneer tax status provides up to 5 years of income tax holiday for new solar energy investors and developers under the National Renewable Energy policy framework.

tax credit

Nigeria Solar Import Duty

10%

Nigeria maintains a 10% import duty on solar panels (reduced from higher rates). Government agencies continue to advocate for zero duty to accelerate solar deployment.