Shell backed investment company AllOn invests US$1.5 m in Nigerian solar company

NIGERIA – All On, a Shell-backed investment company has invested $1.5 million in Auxano Solar, a rapidly growing renewable energy company with emphasis on solar power. Besides manufacturing of solar PV modules, AllOn is also involved in the design, installation and sales of solar power systems and components such as inverters, batteries, charge and controllers. The financing from AllOn will enable Auxano Solar to expand its services in Nigeria, including the sale and distribution of renewable energy components such as hybrid inverters and charge controllers. In addition to financing, All…

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