• Wednesday, April 17, 2024
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Arnergy gets Canada High Commissioner’s applause on energy optimization, productivity in Nigeria

Arnergy, MEMMCOL partner to boost sustainable energy in Abuja

The Canada High Commissioner, Nicolas Simard has commended Arnergy for their energy optimization for power savings and increased productivity in Nigeria.

Simard gave the commendation when he was hosted by Arnergy to a facility tour of its assembly line at their office in Victoria Island, Lagos.

The objective of the facility tour was to enlighten the Canada High Commissioner on how Arnergy delivers reliable energy solutions for productive use; the products and services that power business operations and improve economic outcomes for clients.

As part of his commitment to clean, sustainable energy solutions, Nicolas Simard said, “people are looking for some level of predictability, transparency and productivity. Solar energy provides that!”

Giving his welcome remarks, Femi Adeyemo, the CEO of Arnergy explained how far the company had come from being the first African startup to receive equity investment from Breakthrough Energy Venture (funded by Bill Gates, Jack Ma, Jeff Bezos and other World business leaders), to partnering with several impact sectors to optimize their energy consumption and cut their power cost.

He also revealed that plans are in the works to power more businesses in resilient sectors including healthcare – primary health centres and telecom towers.

During the visit, Nicolas Simard was shown the modularized Arnergy solar solutions, and how they can either work completely off-grid with the sun powering load and charging the long term lithium batteries for night use or how it interoperates with the grid especially at night if the need arises.

He expressed his excitement at the prospects that Arnergy’s products had impacted businesses and the country’s GDP.

He was particularly impressed by the SolarBase component of the product, which allows users to monitor and control their energy consumption from their mobile devices and leading to significant cost savings and energy reliability.

Nicolas further said, “Arnergy is in the right segment towards meeting the country’s demands for energy. We need the private sector to take leadership in such conversations. What Arnergy is doing is good not just for businesses, but for families and the climate”

On the High Commissioner’s visit, Sinmi Akinsanmi, VP, Strategy Growth & Business Operations at Arnergy, said, “To drive the kind of growth we desire, we seek partnerships that can help us scale fast in the areas of technology, innovation, financing, and the likes.

” We are very excited about the prospects of working with the Canadian government and businesses, and we believe these kinds of partnerships can help support more businesses and homes in meeting their energy needs.”

The CEO of All On, Wiebe Boer, further addressed one of the pain points in this part of the world which bordered around the constraints of power supply, and how financing the renewable energy sector would better lives and make power more reliable for productive use.

The tour was concluded with Ezinne Emenyonu, head of Marketing and Communications at Arnergy, who restated prospects of such partnerships and how Arnergy has been unwavering in its commitment to provide uninterrupted power supply to homes and businesses which ultimately impacts the economy positively.

She said, “Working with the Canadian government will ensure we scale up and impact more businesses and lives across the country. It’s a giant stride in the right direction, and we look forward to it paying off for all stakeholders.”

The visit comes off as no surprise, as Arnergy had previously raised $9 million in a Series A round of funding led by Breakthrough Energy Ventures with participation from the Norwegian Investment Fund for Developing Countries (Norfund), ElectriFI (EDFI Management Company) and All On.

This is testament to the amount of work being done at the cleantech company and the level of results being generated. Arnergy deploys solutions to power supply challenges in fully standardized modular variants such as Arnergy 5000X, Arnergy 5000, and Arnergy 10000. The company designs and commoditizes technology-enabled solar micro-grid and rooftop solutions providing affordable and energy reliability for SMEs and communities.

Having powered several isolation centers, schools, filling stations, hospitals, pharmacies, homes, etc. Arnergy is on track to deploy over 100 megawatts (MW) installed PV capacity delivering 20,000 of her 5kW modular systems to businesses across impact sectors including Healthcare, Pharmacies, Education, Hospitality, Agribusiness by 2