Digital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Facebook X (Twitter) Instagram
Trending
  • Just In: MTN Apologises As Fibre Cut Cripples Services In Enugu, Benue States
  • Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025
  • NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025
  • Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria
  • How Two Nigerian Students Won Airtel Africa Foundation Fellowship
  • Konga Unveils “All In All, Everything ×2 – Category Month” Shopping Campaign
  • Nigeria’s Fintech Growth Hinges On Regulator–Operator Partnership, Stakeholders Say
  • NCC Moves To Strengthen Cybersecurity Framework As Telecoms Face Growing Threats
Facebook X (Twitter) Instagram
Digital Times NigeriaDigital Times Nigeria
  • Home
  • Telecoms
    • Broadband
  • Business
    • Banking
    • Finance
  • Editorial
    • Opinion
    • Big Story
  • TechExtra
    • Fintech
    • Innovation
  • Interview
  • Media
    • Social
    • Broadcasting
Digital Times Nigeria
Home » Arnergy Launches Diaspora Initiative For Clean Energy Remittances
Business

Arnergy Launches Diaspora Initiative For Clean Energy Remittances

DigitalTimesNGBy DigitalTimesNG2 December 2021No Comments3 Mins Read1 Views
Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
ARNERGY
Share
Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp

Arnergy, Nigeria’s leading distributed utility company delivering solar energy solutions, has announced the launch of the Diaspora Initiative – a groundbreaking scheme enabling the global Nigerian diaspora to invest in solar energy solutions on behalf of local individuals and businesses.

The first of its kind from an African solar company, the Diaspora Initiative enables 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.ARNERGY 2

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.”

READ ALSO  wow!lotto Debuts In Nigeria, Promises Up To ₦300m Winnings

“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.

The platform boasts a leading portfolio of multinational clients including Heineken, KPMG, Shell, Citibank, 54Gene, Ardova and the Dangote Group and to date, Arnergy has delivered 3MW+ of installed capacity and 9MWh+ of storage capacity across Nigeria.

In 2019, Arnergy also became the first African distributed energy company to be backed by Bill Gates and Jeff Bezos following its $9mn Series A round led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), ElectriFI (EDFI Management Company) and All On.

The launch of Arnergy’s Diaspora Initiative coincides with the recent pledge from President Buhari at the COP26 Summit that Nigeria will reach net zero emissions by 2026.

READ ALSO  CEOs Foresee Decline In Economic Growth This Year- Survey

However, the prevalence of diesel fuel generators, which produce estimated 29mn tonnes worth of CO2 emissions each year, pose a major stumbling block to the new target, leading to a significantly increased level of interest in cleaner and reliable alternatives such as lithium-ion based solutions.

#Arnergy #Clean Energy #Diaspora Initiative #Remittances Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleNCC Enlightens BUK Students, Others On Consumer Rights, Privileges
Next Article Anticipation Rises For 10th Edition Of TD Africa’s Celebrating You
DigitalTimesNG
  • X (Twitter)

Related Posts

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025

3 September 2025

Zinox, KongaCares Partner To Unveil Groundbreaking “Computerize Nigeria” initiative At GITEX Nigeria

3 September 2025

Konga Unveils “All In All, Everything ×2 – Category Month” Shopping Campaign

2 September 2025

LG Electronics Puts Community First With Free Solar-Powered Water And Laundry Facilities In Abeokuta

27 August 2025

SquirrelPR, Syncthesis Innovation Hub In Strategic Partnership To Empower Web3 Startups In Africa

25 August 2025

Comments are closed.

Categories
About
About

Digital Times Nigeria (www.digitaltimesng.com) is an online technology publication of Digital Times Media Services.

Facebook X (Twitter) Instagram
Latest Posts

Just In: MTN Apologises As Fibre Cut Cripples Services In Enugu, Benue States

6 September 2025

Nigeria Must Claim Its Seat In Global AI Economy, Experts Warn At GITEX 2025

4 September 2025

NITDA DG Calls For Pan-African AI Collaboration At GITEX Nigeria 2025

3 September 2025
Popular Posts

Building Explainable AI (XAI) Dashboards For Non-Technical Stakeholders

2 May 2022

Building Ethical AI Starts With People: How Gabriel Ayodele Is Engineering Trust Through Mentorship

8 January 2024

Gabriel Tosin Ayodele: Leading AI-Powered Innovation In Web3

8 November 2022
© 2025 Digital Times NG.
  • Advert Rate
  • Terms of Use
  • Advertisement
  • Private Policy
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.