Zinox to invest $250m in renewable energy

 

Integrated technology group, Zinox Technologies Limited, has unveiled a plan to invest over $250 million after years of research, test running of durable and cost-efficient multifaceted renewable energy solutions for Africa, particularly Nigeria. This will be done in partnership with renewable energy companies in China, the United Kingdom, South Africa and Dubai as partners.

For 23 years, Zinox has pioneered innovative technologies and efficient delivery of critical tech solutions in Nigeria and various African countries.
According to the firm, iPOWER – Solar, Inverters and Batteries, a brand of global partnership, is now available in Nigeria with up to 25 years warranty. Zinox plans to deliver within 24 hours all orders for iPOWER products to major cities in Nigeria subject to stock availability.

Unveiling this at the just concluded yearly strategic business retreat, attended by captains of tech and Power industries including the Chairman of Zinox Group, Leo Stan Ekeh, the Managing Director of Zinox Technologies Limited, Mrs. Kelechi Eze-Okonta, said that Zinox is the tech heartbeat of the continent and has proven that Africa has a level of technology independence with high-quality tech-related projects timely and successfully deployed across Africa.

“We have taken our time, with huge investments in research with distinguished global partners, to come to this point. We believe that what is worth doing, is worth doing well. We now have tested products that have warranties of up to 25 years. We also plan to launch our integrated Executive Mobile Energy solution for Professionals, SMES, PaaS for Telcos’ Rural Telephony Infrastructure and students on September 4th.’’

She said the firm has worked with credible domestic partners to deploy renewable solutions in over 25,000 homes, schools and offices in the last seven years.

“We are now excited to hit the market with specific cost-efficient energy solutions that are budget-friendly both for homes and businesses, no matter your size and scope, but most importantly, we will take responsibility no matter who you buy iPower – Inverters, Solar Panels and Batteries from. We are also starting to train over 500 Nigerian engineers and certified technicians from 36 states plus Abuja, who shall conduct standard power audits, installations and after-sales support nationwide to offer our customer full value for money.’’

Continuing, Eze-Okonta disclosed that Zinox has quietly been test-running different configurations of sustainable renewable energy products from solar, wind, and a bit of biomass, with complimentary quality products such as batteries and inverters engineered and internationally certified to be country and continent specific.

“We want to delete Nigeria as a dump site for all sorts of fake energy products which we consider as unethical and unacceptable and save the scarce resources available in the country. We take responsibility for iTEC Solar, Inverters and Batteries locally as we are equipped for comprehensive aftersales support,” she stated.

She disclosed that Zinox shall work closely with key stakeholders such as the Renewable Energy Association of Nigeria (REAN), and local developers to provide the necessary support to aid the improvement of the acute power supply crisis that threatens economic growth, where over 70 million Nigerians lack access to power, coupled with increasing electricity costs in Nigeria.

Renewable energy can help Nigeria not only meet its energy needs but also power sustainable economic growth and create jobs while achieving global climate and sustainable development objectives.
Guardian