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Indian EPC Sterling And Wilson To Deliver 250 MW Of Nigerian Solar Power - Politics - Nairaland

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Indian EPC Sterling And Wilson To Deliver 250 MW Of Nigerian Solar Power by aressssa: 5:49pm On Aug 19, 2016
Indian EPC Sterling and Wilson to deliver 250 MW of Nigerian solar power



The developer will complete 250 MW of solar capacity in Nigeria over the next two-to-three years having been selected as part of a recent push to get 975 MW online.

The recent signing of 975 MW of power purchase agreements (PPAs) by Nigerian Bulk Electricity Trading (BNET) Plc under Nigeria’s FIT program has led to Indian EPC Sterling and Wilson being chosen to develop 250 MW of that capacity.

The PPAs, agreed earlier this month in one of the first tangible signs of activity in Nigeria’s large-scale solar sector, will see government-owned NBET snap up the solar power produced for a price of $0.115/kWh.

For its part, Sterling and Wilson hopes to complete its 250 MW of commissioned project in the next two-to-three years to add to its growing 1 GW portfolio of completed solar parks globally.

The Indian developer has a 260 MW clean energy pipeline in Egypt, 175 MW in Morocco, 87 MW in South Africa and 7 MW in Niger, so is well positioned to continue to serve Africa’s growing clean energy appetite. It also has a completed 90 MW solar farm in South Africa under its belt, the company confirmed.

“With the recently announced PPAs of 975 MW, we see huge solar potential opening up in Nigeria,” said Sterling and Wilson’s solar business president Bikesh Ogra. “We are well positioned to support growth in the solar market in Nigeria through our presence and experience, as more investors are focusing on reliable, bankable solar EPCs that can commission projects on time.”

Yesterday, Nigeria’s government signed a memorandum of understanding (MoU) with Nigus Greenergy and Volt Renewables for the creation of three 100 MW solar PV plants in three of the country’s northern states.



http://naija247news.com/2016/07/indian-epc-sterling-wilson-deliver-250-mw-nigerian-solar-power/

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Re: Indian EPC Sterling And Wilson To Deliver 250 MW Of Nigerian Solar Power by Oasis007(m): 6:28pm On Aug 19, 2016
grin

Why is it so hard for Mods to move good news to FP as quick as possible?!

Seems Lalasticlala does not trust the source?!

I hope the Project is sited in the South West..... for security reason, nothing more nothing less!

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