TESLA is about to be the Superman of the Nigerian electricity issues (Was that a sigh of relief?)
If you are an industrialist, this is for you.
Elon Musk’s TESLA is about to introduce batteries that will serve as alternatives to the distribution companies (DisCos) in Nigeria.
These batteries called “Power wall”, VentureAfrica reports, might as well be the answer to Nigeria’s problems. Already some Discos are exercising fears that industrial companies will abandon them for the Power wall.
Ther fears are understandable. In 2016, they recorded a loss of $196.23 million owing to power alternatives and have since struggled to rise causing the director-general, Alex Okoh, Bureau of Public Enterprise (BPE) to state, “They (DisCos) lacked the capacity to improve infrastructures.”
“TESLA’s introduction could take advantage of palpable outrage in a country where over 190 million people share barely 400MW of power”.
The 7kwh will sell for $3000 (N1,089,000) for the 7kwh while the 10kwh will sell for $3500(N1.27 million Naira).