This dataset gives business owners the essential numbers to weigh a move into, or a purchase from, Nigeria's solar market. It brings together the figures most relevant to a build-or-buy decision: how much sunshine the country receives each year (2,700 hours), how much electricity a typical installed system produces (1,100 kWh per kWp), and what grid power currently costs from the utility (around USD 0.14 per kWh).
Use it to compare the cost of staying on grid power against generating your own, to size the opportunity if you sell or install solar equipment, or to brief investors on market conditions. The data also notes the current installed base of around 2 million solar panels — a useful signal of how established the market already is — and records that solar systems typically last over 25 years with minimal maintenance, which matters when planning long-term capital spending.
A separate Sources tab documents where the figures come from: the Nigeria Solar Report published by J.v.G. Technology GmbH (PVKnowHow Knowledge Network) in March 2026, a public PDF based on research, consulting insights and international solar market data, with all figures converted to USD. This lets you check the original material before committing budget.
