In a move to combat the growing challenges of inflation and the high cost of living in Nigeria, Cloud Energy Solar has introduced an innovative solar energy as a service program. This initiative, unveiled on March 10, 2024, aims to bolster electricity supply stability across the nation by empowering “solar entrepreneurs” to deliver electricity solutions to Micro, Small, and Medium Enterprises (MSMEs) through Cloud Energy’s Solar Energy Storage System (ESS).
During a virtual conference with a group of resellers, Mr. Theophilus Nweke, the Managing Director of Cloud Energy, highlighted the company’s firm commitment to enhancing electricity access in Nigeria. He detailed how the program would not only supply the necessary equipment for power production in various commercial areas but also provide comprehensive logistics, training, and technical support to ensure the program’s long-term success.
Nweke elucidated the critical need for reliable electricity among MSMEs, especially in the wake of fuel subsidy removal and the soaring cost of diesel that has left many standby generators unused. He underscored that the solar energy as a service program is a patriotic innovation designed to revitalize dormant MSMEs, boost national productivity, and create extensive employment opportunities across the country.
“This programme revitalizes idle MSMEs, enhances national productivity, and fosters widespread employment opportunities for Nigerians,” Nweke stated, emphasizing the program’s role in fostering prudence and accountability within the energy sector. He further noted that the initiative is open not just to Cloud Energy resellers but to all stakeholders committed to expanding access to power in Nigeria, thereby working towards achieving national power aspirations.
Responding to queries from resellers, Nweke assured them of the program’s immediate implementation and encouraged them to embrace this opportunity to diversify their income sources and contribute positively to the energy sector’s growth.
Cloud Energy’s solar energy as a service program represents a significant leap towards sustainable energy solutions in Nigeria. By leveraging solar technology, the initiative promises to address the electricity access gap, support the economic activities of MSMEs, and pave the way for a greener, more resilient energy future for the nation. As Nigeria grapples with the challenges of an unstable power supply and seeks to harness renewable energy sources, Cloud Energy’s innovative approach could play a pivotal role in transforming the energy landscape and driving economic development in the country.
Source:The Sun Nigeria