Nigerian startup Pirano Energy is revolutionizing energy solutions by offering reliable and cost-effective solar solutions to clients in Nigeria, allowing them to buy outright or opt for a rent-to-own plan. Users can monitor energy consumption remotely and access high-quality batteries and solar panels with long lifespans.
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Pirano Energy addresses funding obstacles in Africa by offering long-term payment contracts for solar solutions, converting non-consumers into consumers who can afford monthly payments but not outright purchases.
Pirano Energy allows customers to pay through monthly or quarterly contracts over 5-10 years, helping them reduce energy costs by almost 40%, improve power reliability, and lower greenhouse gas emissions, as emphasized by founder Bola Ogidan.
The company’s recent equity funding has propelled its growth trajectory, with plans to expand operations to at least two other countries within the next two years. With operations in 19 Nigerian states and a growing portfolio of installations across various sectors, Pirano Energy is poised for continued success as it addresses the continent’s energy needs.
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