November 22, 2017

Nigeria signs $146m solar deal

Consumers in the Nigerian State of Katsina are looking forward to the challenges they do face with inconsistent supply of electricity being addressed, following the signing of a $146m deal between Pan Africa Solar and Nigeria.

Nigeria first solar power purchase agreement (PPA), the 75MW photovoltaic power project in Katsina State, will sell power at a tariff of 11,5 US cents per kWh and will be commissioned in 2017.

Outside of South Africa, this solar farm will be the largest of its type in sub-Saharan Africa and will provide power to 1,1m Nigerians. Not only that, it will also create over 500 jobs for local people during the 12-month construction period. It is also estimated that more 40,000 new jobs will be created from the additional economic activity stimulated by the power plant.

Source: edited for African Mining Brief Online from an article published on AllAfrica


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