Power. Growth. Inclusion.

Investors and operators

We invest in and operate distributed energy solutions in Africa.

Catalytic impact

We serve market segments we believe can have catalytic social and economic impact.

Environmental advocates

We take a clean energy first approach to designing our solutions.

Affordable solutions

We design fit for purpose solutions at price points our customers can afford.

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.

Market traders

SME’s make up 96% of Nigerian businesses, nearly 50% of GDP and 84% of employment. They consistently reference access to electricity as the single largest obstacle they face.
SOLAD is a participant in the Rural Electrification Agencies Solar Hybrid Mini-grids for Rural Economic Development Programme. We are currently an investor in 3 standalone market focused mini-grids, 10 mini-grids in development through our Vertus JV and the operator of 2 of our mini-grids.

Social infrastructure

Less than 50% of Primary Health Care Centres are on-grid while those that are on-grid average 4 hours of power per day.
SOLAD develops specific solutions for social infrastructure projects, providing reliable and affordable power to some of the continent's most important social institutions. Our initial focus is on powering health centres across Nigeria.

Housing

80 million Nigerians lack access to reliable affordable electricity. SOLAD is a participant in the Rural Electrification Agency's Standalone Solar Home Systems for Households and SME's programme.
SOLAD is a participant in the Rural Electrification Agency's Output Based Fund for Standalone Solar Home Systems for Households and SME's, and is rolling out systems to targeted recipients in Nigeria's South West. You can register your interest for a system by clicking here.
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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
labi
Constantine ‘Labi Ogunbiyi Group Non-Executive Chairman
denis
Denis O’Brien Group CEO
yewande
Yewande Olagbende Group COO and SOLAD Nigeria CEO
rob
Rob Chepak Group Non-Executive Director

News and Resources

Renewable energy jobs grew globally in 2020 despite COVID-19 crisis

Renewable energy jobs grew globally in 2020 despite COVID-19 crisis

October 25, 2021 Industry

The number of jobs in renewable energy worldwide increased in 2020, despite the huge economic disruptions caused

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77 million Nigerians lack access to power, says NNPC

77 million Nigerians lack access to power, says NNPC

October 25, 2021 Industry

The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain,

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FG to invest fresh N114.64bn in rural electrification

FG to invest fresh N114.64bn in rural electrification

October 19, 2021 Industry

Rural electrification is to get the highest capital investment from the Federal Government in the power sector

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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:
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