Solar panels stand at an energy generating facility operated by Entega AG in this aerial photograph near the village Thuengen in northern Bavaria, Germany, on Monday, July 30, 2018. As German Chancellor Angela Merkel's new coalition has pledged a speedier switch to wind and solar, pushing the share of clean power to 65 percent of total generation by 2030, some utilities have been left wondering whether gas will be needed at all. Photographer: Alex Kraus/Bloomberg The company will “blanket the rooftops of the markets with solar panels,” he said, adding that Rensource will also install voltage and battery systems and smart meters. “We are thinking of collaborating with distribution companies to address industrial and residential customers.”
The country of more than 200 million people is only able to send about a quarter of its total power capacity to homes and businesses due to its dilapidated infrastructure. Its transmission lines can theoretically carry only about 7,500 megawatts, according to the country’s electricity regulatory authority.
Rensource has already set up in seven market clusters across the country and is now looking to expand rapidly, according to Adesina.
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