Zinox Targets  $250m Investment In Renewable Energy, Retrains 500 Engineers

ZINOX Technologies Limited, one of Africa’s leading integrated technology group, 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.

Zinox is working with leading renewable energy companies in China, UK, South Africa and Dubai as partners for its iPower solar investors and batteries which comes with up to 25 years warranty.

The chairman of the Zinox Group, Dr. Leo Stan Ekeh disclosed that the sum of $250 million has been secured specifically to expand access to competitive and climate-friendly electricity supplies for Nigeria homes and businesses.

He said that the project will help create new opportunities for improving the quality of life while providing additional support to developers, Renewable Energy Association of Nigeria (REAN), and other key stakeholders in the preparation of its priority projects.

Zinox, with her partnerships shall launch enterprise products and solutions that will power off grid solutions, estates, hospitality businesses, while continuing with the consumer products with its very successful iPower products for homes, small and medium organisations, he added.

The company plans to deliver within 24 hours all orders for iPower renewable energy solutions to major cities in Nigeria subject to stock availability. The solutions were unveiled at a just concluded annual strategic business retreat attended by captains of tech and power industries.

Speaking at the event, managing director of Zinox Technologies Limited, Mrs Kelechi Eze-Okonta said that “We have taken our time, with huge investments on research with distinguished global partners, to come to this point. 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 the 4th of September,” adding that Zinox 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 audit, installations and after sales support nationwide to offer our customer full value for money.’’

Continuing, Mrs 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 really 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 after sales support.’’

Zinox shall work closely with key stakeholders such as the Renewable Energy Association of Nigeria 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.