Power & Water
Nigeria is the biggest Market for generators and spare parts; at least 60 million Nigerians own generator sets and more than N3.5 trillion is spent yearly on fuelling these sets. When one considers that 82.1 per cent of the 28.9 million households in Nigeria do not have access to electricity from the national grid, and that Nigeria’s electricity consumption per capita is the lowest in Africa, then the imperative of generators to public and private life in Nigeria becomes compelling.
PnW is set to be the biggest platform for Power Generation solutions catering to Nigeria and West Africa gathering not only the leading brand names to the show floor, but also the major assemblers and packagers with a target audience focused on buying genuine spare parts for the biggest market for Generators.
According to ESI Africa, “While the percentage of the urban population with access to basic water has increased, data show a significant decline in the proportion of urban households with access to piped water to premises, which dropped from 32 percent in 1990 to three percent in 2015. At the same time, the urban population has grown from 30 percent in 1990 to 48 percent in 2015, and this trend is expected to continue in the coming decades. Access gaps persist because of a combination of factors, including rapid urbanization, coupled with a growing demand for services; inefficient and ineffective service delivery; institutional and governance constraints; gender inequality; and weather and water related risks.”
PnW facilitates business partnerships between the public and private sectors to enable innovation and sustainability in water projects across the region.
Solar & Renewable Energy
Nigeria in its current infrastructure has been facing challenges to implement the right renewable energy solutions, however huge progress has been made through increased promotion and standardising this into private. This has made Nigeria one of the most attractive solar energy market in Africa with various initiatives to increase electricity and bolster energy security in Africa’s most populous country.
PnW will provide a framework through its network, to gain insight and tap into the growing Solar/Energy Storage & Management industry
Energy Management & Storage
Nigeria’s batteries market is expected to witness tremendous growth over the coming years as the country shifts focus to electric vehicles, expanding telecommunication networks, rising imports of vehicles along with various government incentives for clean energy sources would escalate the demand for industrial batteries in the coming years. According to 6Wresearch, Nigeria Industrial Batteries Market size is anticipated to register growth during 2020-2026
PnW will provide a framework through its network, to gain insight and tap into the growing Solar/Energy Storage & Management industry.
Transmission & Distribution
Nigeria’s power system suffers from a huge imbalance between what it generates and the demand from users. Though it has the capacity to generate 8,000MW of operational power, only 4,500MW reliably reaches consumers. Brownouts and blackouts are a regular feature of life in Nigeria, constraining the country’s economic development.
PnW offers access to innovations & solutions, not only ensuring a reliable power supply but also securing additional revenue for investments and building local content and capacity.