Explaining about the opportunities for a renewable energy business and financing those businesses,said, “Nigeria has one of the best solar irradiation as compared to any part of sub-Saharan Africa. Solar power is readily available in abundance in the country. The market is huge because there is a huge gap due to the lack of electricity. Adopting appropriate business models by entrepreneurs will create opportunities to overcome financial barriers.
Elaborating on the challenges renewable energy entrepreneurs, especially women, face while looking out for investment,said “Business capital is beyond money, it is a plethora of other good business practices. A minimal level of financial inclusion exists especially for women that leads to unequitable access conditions.
Greenlight Planet is a multinational, for-profit business that designs, distributes and finances solar home energy solutions with an underserved population in mind: the 600 million population for whom the traditional electrical grid is either inaccessible or too expensive. Greenlight Planet has sold over 17 million Sun King™ solar home energy products to off-grid households around the world.
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