Solar Photovoltaic Technology: The Most Efficient and Economical Way to Empower and Electrify the Urban Towns in Anambra State

Abstract

Anambra State is blessed with abundant sunlight. Energy is an essential ingredient for socio-economic development and economic growth. From the foregoing, renewable energy potentials in the studied urban towns in Anambra State, have been assessed and evaluated, and it was clear that energy is an essential input to all aspects of modern life. It is indeed the life wire of industrial production, the fuel for transportation as well as for the generation of electricity. The study reveals that Anambra State receives 5.08 × 1012kwh of energy per day from the sun and if solar energy applies with just 5% efficiency is used to cover only 1% of the Anambra State surface area, then 2.54 × 106Mwh of electrical energy can be obtained from solar energy. This amount of electric energy is equivalent to 4.66 million barrels of oil per day.

Keywords: Solar Energy, Renewable Energy, photovoltaic technology, Anambra State, and Economic Development