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Salpha Energy Secures $1.3M from Shell-Backed All On to Scale

Daba Finance/Salpha Energy Secures $1.3M from Shell-Backed All On to Scale
BREAKING NEWSJune 5, 2025 at 11:32 PM UTC

TLDR

  • Nigerian clean energy startup Salpha Energy has raised $1.3 million from All On, an impact investor seeded by Shell
  • Salpha plans to expand its local solar assembly plant and increase access to off-grid energy in underserved communities
  • The new funding will support scaling operations, growing the product portfolio, and boosting local production capacity

Nigerian clean energy startup Salpha Energy has raised $1.3 million from All On, an impact investor seeded by Shell, to expand its local solar assembly plant and increase access to off-grid energy in underserved communities.

Salpha, founded and led by Sandra Chukwudozie, operates one of the only female-led solar home system assembly plants in Sub-Saharan Africa. The company designs and builds turnkey solar solutions integrated with battery storage and smart inverters, ranging from 150Wp to 100kWp systems. Its products have reached more than two million people in Nigeria.

The new funding will support scaling operations, growing the product portfolio, and boosting local production capacity. All On’s investment is in local currency, a move aimed at reducing currency mismatch risks that often hinder the energy sector.

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Key Takeaways

Nigeria has over 85 million people without access, the largest energy access deficit globally, according to the International Energy Agency. Off-grid solar remains a critical solution, especially in rural areas where grid extension is costly and unreliable. Salpha’s investment highlights a growing shift toward localized solar assembly and manufacturing to lower costs and create jobs. Local production helps reduce import dependency, shorten supply chains, and adapt products to local conditions. By providing local currency funding, All On addresses one of the key barriers to growth in the clean energy space—foreign exchange volatility. Supporting female-led companies like Salpha also aligns with broader impact goals around gender inclusion and entrepreneurship. As Nigeria works to achieve universal access by 2030, investments in decentralized solar and local manufacturing are likely to play an increasing role.

Venture Capital
Startups
Salpha Energy
All On
Shell
Startup Financing

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