Best Solar Energy Companies in Lagos, Nigeria
The 31 best Solar Energy companies in Lagos, Nigeria in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Heirs Energies.
Our analysis of 100 Solar Energy companies
$30.5b in tracked funding; 83% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Solar Energy companies in Lagos
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Heirs Energies Operator of upstream assets and exploration opportunities across the energy value chain | $750M | 10 mo ago | Funding Raised | Osa Igiehon CEO | 2021 | WordPressMySQLPHP+22 | — |
| 2 | Starsight Energy Developer of solar energy projects | $35M | 8 mo ago | Funding Raised | — | 2008 | WordPressMySQLPHP+24 | — |
| 3 | Rensource Energy Membership based solar power project developer | $24M | 82 mo ago | Series A | — | 2015 | WordPress Block EditorwpBakeryWordPress+18 | — |
| 4 | Astrum Solar Offers solar installation services for residential customers | $13M | 155 mo ago | Acquired | — | 2007 | — | — |
| 5 | ARNERGY Provider of solar power solutions for residential and commercial | $12M | 19 mo ago | Series B | Femi Adeyemo Founder & CEO | 2013 | WordPressZohoSalesforce+41 | — |
| 6 | EarthBond Provider of financial services for solar energy to commercial and residential customers | $400K | 24 mo ago | Seed | — | 2022 | BootstrapNginxAmazon Web Services+12 | — |
| 7 | Ashipa Electric Developer of solar energy projects | — | 54 mo ago | Seed | Olugbenga Ajala Founder & CEO | 2015 | — | — |
| 8 | A4&T Provider of renewable energy solutions and backup power systems | — | — | Unfunded | — | 2010 | WordPressMySQLPHP+27 | — |
Top 7 Solar Energy companies in Lagos
#1
Funding Raised · Lagos, Lagos · founded 2021$750Mraised▾
Operator of upstream assets and exploration opportunities across the energy value chain. The company focuses on maintaining standards in safety, health, and community relations. It manages operations and projects sustainably, aiming to impact stakeholders positively. The company is committed to community empowerment programmes.
- Dec 2025Conventional Debt$750M
#2
Funding Raised · Lagos, Lagos · founded 2008 · 275 employees$35Mraised▾
Developer of solar energy projects
- Mar 2026Conventional Debt$15M
- Jan 2021Conventional Debt$10M
- Jun 2019Conventional Debt$10M
#3
Series B · Lagos, Lagos · founded 2013 · 101 employees$12Mraised▾
ARNERGY is a provider of pay-as-you-go solar power solutions to commercial and residential clients. Offers three solar home systems packages and mini-grid solar solutions to provide electricity to rural Nigeria and South Africa.
- Apr 2025Series B$18M
- Feb 2024Series A$3M
- Jun 2019Series A$9M
#4
Seed · Lagos, Lagos · founded 2022 · 2 employees$400Kraised▾
Provider of financial services for solar energy to commercial and residential customers
- Oct 2024Seed$200K
- Feb 2024Seed$200K
#5
Series A · Lagos, Lagos · founded 2015 · 95 employees$23.5Mraised▾
Rensource has developed a membership and subscription-based solar power system. Once the user has shared their contact details, an engineer conducts a site study to determine the installation capacity and share the subscription details. Once the distributed power supply is installed, the user pays regular monthly membership charges, based on which a membership score is built that entitles the user to receive complimentary financial products and discounts. Additionally, since the system also houses a battery unit, the user can have access to unrestricted power even during blackouts or brownouts from the Utility service provider.
- Dec 2019Series A$20M
- Jan 2018Seed$3.5M
#6
Acquired · Maryland, Lagos · founded 2007 · 161 employees$12.5Mraised▾
Manufacturer of solar panels based in Annapolis Junction, Maryland. The company offers solar panels for residential and commercial customers and provides services ranging from system design to installation and system maintenance in the rooftops of houses, enabling customers to conserve and save electricity.
- Nov 2013Series A$7.5M
- May 2011Seed$3M
- Series A$2M
#7
Seed · Lagos, Lagos · founded 2015 · 12 employees—raised▾
Developer of power-generating assets designed to offer energy infrastructure to its clients with an emphasis on reliability, resiliency, safety, and optimal economics. The company's assets include engineering, construction, operation, and maintenance services for power plants and renewable energy grids, enabling clients to avail sustainable, clean, and affordable energy.
- Apr 2022Seed—
Funding & investor landscape
Market landscape — 10 sub-themes by coverage
Share of Solar Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
What Lagos researches in solar pv
- University of Lagos20
- Lagos State University11
- Lagos State Health Service Commission5
- Lagos State University of Science and Technology1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.