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Dutch Firm Signs Nigerian Deal to Recycle Solar Batteries

  • Increasing demand necessitates recycling of lithium batteries
  • Lumos experienced 39% growth in latest quarter amid pandemic
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Lumos Global BV signed a deal with Hinckley Group to recycle thousands of lithium batteries as the Dutch company specializing in off-grid power in West Africa sees strong sales growth amid the outbreak of the coronavirus pandemic.

The Amsterdam-based company already delivered 10,000 lithium batteries to Hinckley to recycle at its facility, a first of its kind in the region, Chief Executive Officer Alistair Gordon said in an interview. Lumos sells home solar-power units that include a five-kilogram lithium battery. The company has been storing used batteries in warehouses while trying to come up with a recycling plan in recent years, Gordon said.