Sterling Bank partners with JinkoSolar to tackle import issues and promote solar energy accessibility in Nigeria

2023-10-16 19:52:00

(Ecofin Agency) – Sterling Bank Limited’s Imperium initiative has partnered with JinkoSolar Holding Co. to tackle the import issues facing photovoltaic product distributors and solar energy developers in Nigeria.

Mr. Olabanjo Alimi, Head of Transport and Renewable Energy (Digital Renewable Energy and Mobility) at Sterling Bank, announced the collaboration in a press release.

He said the Imperium initiative aims to streamline the process for distributors and developers, saving them from having to source foreign currencies at expensive rates to finance their PV panel purchases. This will significantly reduce costs and make solar energy more accessible to households and businesses.

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