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Energy start-up launches renewable payment scheme for diasporas

Nigeria’s solar energy solutions company, Arnergy, has launched the Diaspora Initiative, a ground-breaking scheme enabling the global Nigerian Diaspora to invest in solar energy solutions…

Nigeria’s solar energy solutions company, Arnergy, has launched the Diaspora Initiative, a ground-breaking scheme enabling the global Nigerian Diaspora to invest in solar energy solutions on behalf of local individuals and businesses.

The Diaspora Initiative, which is the first of its kind from an African solar company, enables Nigerians abroad to purchase off-grid solar panels and storage systems, which are installed in households and businesses across Nigeria to deliver a clean and uninterrupted source of electricity.

As part of the new service, Nigerian Diasporas 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.

Also, through Arnergy’s proprietary remote monitoring technology, SolarBase, customers can 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.

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 available through Arnergy’s partnership with Flutterwave, pioneering a new form of remittances that will significantly address critical energy needs for millions.

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