Arnergy, a Nigerian startup delivering solar energy solutions, has announced the launch of the Diaspora Initiative – an initiative enabling Nigerians in the diaspora to invest in solar energy solutions on behalf of local individuals and businesses.
The Diaspora Initiative allows Nigerians abroad to purchase off-grid solar panels and storage systems that are installed in households and businesses across Nigeria to deliver a clean and uninterrupted source of electricity.
With Arnergy’s tech-enabled solar models marking a major innovation as a sustainable solution to Nigeria’s $29bn per-year energy reliability crisis, outright purchases, as well as lease-to-own options, are now available through Arnergy’s partnership with Flutterwave, pioneering a new form of remittances that will significantly address critical energy needs for millions.
As part of the new service, Nigerian diasporans can purchase the full range of Arnergy’s distributed utility models, which are powered by lithium-ion-based batteries – a sustainable alternative to fossil fuel generators, establishing a more reliable electricity supply through storage solutions and an average 10-year lifespan.
With the company’s proprietary remote monitoring technology, SolarBase, Arnergy’s customers are also able to monitor and adjust their energy consumption in real-time through the convenience of a mobile (Android & iOS) or web app, establishing a major breakthrough for individuals and businesses seeking greater control over their household and OPEX costs respectively.
Speaking on the launch of the Diaspora Initiative, Femi Adeyemo, CEO and Founder at Arnergy, says “For decades, the huge lack of consistent and affordable energy has held millions of Nigerians back from achieving the best possible economic outcomes, but today, we’re empowering diaspora across the globe to drive us closer to a future where energy across the country is 100% renewable, reliable and accessible.”
“Now more than ever, we need a direct and sustainable approach to tackling what has consistently been one of Nigeria’s most critical challenges not only for the benefit of local Nigerians but also the health of our planet. At Arnergy, we firmly believe the answer lies in solar energy and during a time where Nigerians at home are facing a difficult economic period, we’re proud to be the first solar company in Africa forging a new path for the diaspora to invest in more accessible solutions for friends and family.”
Founded in 2013, Arnergy delivers reliable and sustainable energy services for small, medium and large businesses and residents across Nigeria. Leveraging its local engineering and customer support teams, it is the only African solar company with fully proprietary IoT, power electronics and software architecture that allows remote control of solar assets for retail and commercial users.
