Off grid solar market in Nigeria The Off grid market is a renewable energy market that is fast displacing grid source. In Nigeria the national grid utilizes fossil fuel and gas to supply power. The facts and data’s show that it is not a sustainable source especially to the environment. One of the agenda of the Sustainable Development Goal (SDG) is to substitute the un-renewable energy source with renewable source like wind, hydro, solar and biogas. Presently solar is taking the lead among the alternative source. Advance research and increased investment has made the shift to solar power source for household and businesses affordable and rewarding. Beebeejump int’l limited is now becoming a household name in the supply of solar home systems. There have been a lot of positive feedbacks from customers regarding the quality and affordability of our solar home systems, S1. Most of our customers switched from using other brands solar system to using our S1 solar home system. A study conducted by EORC tagged Energy consumption by customer group shows that in Nigeria, Residential customer make use of 64% of the energy produced, 27% is being used by the commercial like cooperate business e.t.c, while 9% is being used by industries. Second to household consumption of power is the cooperate businesses; they need higher capacity than the basic solar home system. Beebeejump provides this power source via its off grid solar products, H-series. With these higher capacity products, businesses are sure to operate completely off the grid. Most businesses are still in the decision path of weighing it affordability against other off grid solar provider in the country. This has made the company do some research regarding the prices of higher capacity products used for off-grid solar business in Nigeria. Here is some of what the research entails. Technically for off grid system, the battery and inverter needs to be of good quality. And one of the battery technologies that stand out when it comes to off-grid solar systems is the lithium ion battery which is apparently used by trusted brands including Beebeejump int’l Limited in the solar industry. The technology is not very common in Nigeria solar space, and therefore used by few solar brands. Felicity is a brand with stronghold in the off-grid solar market in the country. It manufactures and distributes lithium ion battery and solar hybrid inverter which other solar companies assemble to get an off-grid solar system running. In the research we also found out some other brands that offer lithium ion battery and hybrid inverters some have their strong hold in batteries and or inverters. They include PSC solar (Offers Battery and invereter), Wavetra (Offers only hybrid inverter), Growatt (Offers Battery and inverter), GSR (Offers inverter). In order to better understand the research and derive better conclusion, the companies where categorized based on Battery capacity, Inverter capacity and packages they offer against their prices. Below are graphical representations, showing the relationship of our brand with other brands regarding products capacity and prices.
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