Hybrid Solar Solutions Provider WATT Grows Installed Capacity to 2.31MWh

In a report to announce its performance for the 2024 fiscal year, the company said it also removed about 1,329 tonnes of CO₂ emissions through its 233-hybrid solar and storage solutions.

In the period under review, the energy firm increased its installations by 16 per cent to 37 comprising 11 financial sector sites and 26 telecom sites.

The company attributed its success last year to its people-first approach, with the workforce growing by 40 per cent. The number of female employees also rose.

WATT uplifted communities across Nigeria by offering hands-on training to individuals from underserved areas, such as security guards and janitors, helping them develop skills to support long-term livelihoods.

This people-first approach extended to rural areas without grid access, where the organisation installed charging ports and solar security lighting, enhancing safety, accessibility, and opportunity for all.

The year also marked a significant technological advancement for WATT’s solar storage systems, with the transition from traditional Valve-Regulated Lead-Acid (VRLA) batteries to advanced Lithium-Ion Battery (LIB) technology.

This upgrade provides customers with longer-lasting power, faster recharging after outages, and enhanced energy reliability – offering a dependable solution to mitigate grid blackouts and support growth in energy-constrained environments.

“The growth of our team, particularly the increase in female employees, reflects the incredible talent potential here in Nigeria.

“By prioritising local talent, we’re empowering communities, supporting skills development and fostering resilience in areas that need it most.

“This is about creating opportunities that directly benefit Nigerians, both within our company and across the areas where we operate,” the Chief Business Officer at WATT, Sherisse Alexander, stated.

Also commenting, the chief executive of WATT, Mr Oluwole Eweje, said, “2024 was a milestone year for WATT.

“Our $15 million partnership with AFRIGREEN and other strategic investments have fuelled market expansion and delivered tangible value to businesses across the country.

“By helping clients cut energy costs by 25-30%, we’ve empowered them to reinvest in growth, drive innovation and gain greater energy independence.

“These achievements reflect our commitment to transforming Nigeria’s energy landscape with reliable, cost-efficient solutions that deliver real impact.”