Nigeria’s solar power ambitions have just received a huge boost as Pan Africa Solar and the Federal Government of Nigeria, signed an agreement to invest country’s first utility-scale solar power project. A total investment of $146,000,000 USD.
Once complete this 75MW solar project will be the second largest solar power plant of its kind in sub-Saharan Africa. The project aims to bring electricity to 1.1 million people in Nigeria.
The project also plans to employ 500 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.
“This is the start of a solar revolution in Nigeria.” – Justin Woodward of JCM Capital