Power. Growth. Inclusion.
Our Company
Established in 2017, SOLAD is an investor in and operator of distributed energy solutions that deliver clean, reliable, and affordable power to unconnected, or underserved customers across the African continent. We believe that by addressing the energy needs of African households, service providers and businesses in an affordable and sustainable way, we have the potential to deliver unrivaled social, economic and environmental impact on the continent, catalyzing growth and driving inclusion.
Vision
For every African to have access to clean, reliable, and affordable power.
Mission
To build a distributed clean energy network that solves Africa’s power problem, one watt at a time
Our Focus
Our initial focus is on the most under-served segments of the market, market clusters that serve millions of small businesses but which have no centralized power solution, social infrastructure that provides essential social services, but has to generate power privately and ordinary Africans, hundreds of millions of which cannot access affordable electricity.
Projects
Our Leadership
The SOLAD leadership team have over 100 years of collective experience, with deep networks across Nigeria and a track record of developing, delivering and exiting projects successfully
Constantine ‘Labi Ogunbiyi
Group Non-Executive Chairman
Denis O’Brien
Group CEO
Yewande Olagbende
CEO Solad
Rob Chepak
Group Non-Executive Director
News and Resources
SOLAD hosts Stefano Marguccio- SEFORALL Deputy CEO at Iponri Market, Lagos, Nigeria
Solad hosted Mr Stefano Marguccio, Deputy Chief Executive Officer (DCEO) of Sustainable Energy for All (SEforAll) on
From Oilfields to Solar Micro Grids: Africa’s pragmatic path to a just energy transition Copy
Africa’s energy transition cannot be a binary choice between fossil fuels and renewables; it must be pragmatic
Happy International Day of Clean Energy
In a world grappling with climate change, clean energy plays a vital role in reducing emissions, and
Testimonials
With more than 10,000 market stalls already served by SOLAD energy solutions, we are driving significant impact for our customers. Here is what a few of them have to say:
In January we were 35 now we are close to 50. We can now take on more orders. We wished for this, long for this and now we have 24/7 power. It is like a dream come true.
Mrs B. Ajayi
Garment Business
The money you are meant to spend on expanding your business is going into maintaining and fueling your generator.
Mr W. Adeowo
Food Business
Previously I had to run a small, medium and large generator for my business, which was costly but now we have saved a lot of money with one source which is more affordable.
Mrs E. Emordi
Printing Business
Prior to the power solution, I would spend an average of ₦40,000 buying diesel, servicing, and paying old electricity bills. This has been reduced to an average of ₦40,000 monthly with “less-stress”.
Mr Emmanuel
Baker
Most of the cash we used for maintenance and buying fuel for the generator we have put back into the business and we have more staff now.
Mr A. Michael
Food Business
