• Firm signs $146m Nigeria’s first solar investment

    Firm signs $146m Nigeria’s first solar investment

    In what could be termed Utility-scale solar revolution, a Nigerian company, Pan Africa Solar, and the Federal Government of Nigeria, have jointly signed the nation’s first Solar Power Purchase Agreement (PPA).

    The 75 megawatts (MW) solar photovoltaic power project in Katsina State, has a total investment of $146,000,000.
    It will sell power at 11.5 U.S cents per kWh and will be inaugurated in 2017.

    The signing of the agreement was held at the office of the Nigeria Bulk Energy Trader (NBET).

    The special guest […]