The Federal Government on Thursday in Abuja signed a Front-Runner Solar Power Purchase Agreements (PPAs) worth 1.75 billion dollars with 14 companies to build 1125 Megawatts(MW) capacity of renewable power in the country.
Mr. Babatunde Fashola, Minister of Power, Works and Housing, who signed the documents on behalf of the government, said the agreement was to demonstrate government’s commitment to diversify Nigeria’s power industry.

The minister listed the companies as Pan Africa Solar with 75mw of electricity to be located in Kankia Local Government in Katsina and Nigerian Solar Capital Partners, 100mw located in Ganjuwa, Bauchi state.
Others are Afrinergia Power Limited, 50mw located in Kokowa, Nasarawa State; Motir Dusable Limited, 100 MW in Udi, Enugu State and Nova Solar 5 Farm Limited, 100mw located in Katsina State.
Also Kvk Power Nigeria Pvt Limited, 100mw located in Yabo of Sokoto state; Middle Band Solar One Limited, 100mw in Lokoja West in Kogi and LR Aaron Power Limited, 100mw in FCT
Nova Scotia Power Development Limited, 80mw located in Dutse; CT Cosmos, 70 MW located in Kaduna West in Kaduna State and Oriental Renewable Solutions, 50mw in Kakowa, Jigawa.
Quaint Abiba Power Limited, 50mw located in Manchor Local Government of Kaduna State and Anjeed Innova Group, 100mw located in Kafanchan, also in Kaduna State.
According to Fashola, the PPAs are the heart and soul of financing the power industry.
Fashola disclosed that before the year 2030, Nigeria would have achieved 30 per cent capacity in renewable energy, adding that Nigeria would invest in renewable power in areas such as Biomass and coal.
He explained that the era had gone when the country would depend on one source to generate its electricity.
He added that Nigeria sited many of its solar energy projects in the northern part of the country because the area had more sun radiation than other parts.
The minister expressed happiness over the confidence the investors had to invest in Nigeria’s power sector not minding challenges in the industry.
He assured the investors that the Federal Government would provide them with good investment climate but would not tolerate low standard in the quality of their projects.
Earlier, Mr. Waziri Bintube, Acting Managing Director, Nigerian Bulk Electricity Trading PLC, expressed happiness that the energy sector was making progress in ensuring that Nigerians had quality and stable electricity.
Mr. Marcus Heal, Managing Director of Pan Africa Solar, who spoke on behalf of the investors, thanked states, Federal Government and other agencies that assisted the investors to succeed in getting their PPAs.
He expressed dissatisfaction with the low rate of the tariff regime in the sector, adding that the investors had expected high tariff in the energy industry.

sammydemperor:
smh...

is it that we lack understanding or the will power to make effective change

For God sakes who builds a 1125 MW plant with $1.75 billion?

You guys may see it as progress, but damn how much do you really know about power generation, its not about the number of stations, rather the capacity. These plants will not be able to deliver up to 45% of their rated capacity to the Grid...

the largest dam in world was built at a cost of $22.5 billion and it generates 22,500 MW of electricity, spare me all the bullshit of littering the whole country with mini-power plants...

build something tangible, power generation is not rocket science all it takes is just some level of responsiveness to the plight of your people

this is how they will keep on taking us for granted, if we just take anything they bring to our table without us questioning them

so much for change...

Pakistan to Get Largest Solar Energy Plant in the World

Pakistan saw the inauguration of its first large-scale Solar Power Park in Bahawalpur around a month ago.

As per news, this solar power park will start generating 100 Megawatts of electricity in December this year while the output of the solar power plant would reach 1,000 megawatts by 2016.

Quaid-e-Azam Solar Park project is a joint venture of the government of Punjab, Bank of Punjab and TBEA Ltd. of China.

It is Pakistan’s first large scale solar power project and one of the largest in the world.



Entire solar park, with 1000 MW production ability is estimated to cost around US 1.5 billion dollars.

https://propakistani.pk/2014/06/11/quaid-e-azam-solar-park/

Canada-Based Company To Set Up USD 1.2 Billion 1,000 MW Solar Power And Panel Plants In Zambia


The Zambian government has recently announced that it is close to sign with SkyPower Global, a Canada-based solar energy equipment supplier, a power purchase agreement (PPA) to set up a photovoltaic (PV) panel manufacturing plant a solar power plant within the next five years.

The solar power and manufacturing plants are expected to represent a total investment of USD 1.2 billion and it will finally add 1,000 MW of generation capacity at a rate of 200 MW per annum to the current installed of 1,967 MW.


http://www.zambia-invest.com/energy/canada-based-company-to-set-up-usd-1-2-billion-solar-power-panel-plant

aresa:













What's the difference between what we are spending and what other countries are spending on 1000MW. For 1125 MW, we are actually getting a good deal for our money.

The going rate for 1000MW is $1 billion.

Even the so called 22.500MW $22 billion largest damn you quoted = $1 billion per 1000 MW.

Do a little elementary arithmetic before spewing rubbish and even a little research before spewing ignorance on the internet. Hate and bitterness can not stop us.

sammydemperor:


some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

gists:

WHATTT!!!
Are you kidding me??
Please tell me you are joking!!

sammydemperor:

Your point exactly...
ohhhh... you think its not possible right
Well its not your fault, its what they've made you believe

sammydemperor:


Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

sammydemperor:


Your point exactly...

ohhhh... you think its not possible right
Well its not your fault, its what they've made you believe

gists:



I find it fantastically annoying to say the least that in this day and age in 2016, someone is suggesting abolishing modular power generation scheme in favour of one mega station.
In essence, we have to deal with the high risk of knocking us back to square one in case of vandalisation. Did you even think of maintanenance before making that suggestion? How about the trasnmission part of the chain? Are you suggesting we also spend time and money to build/expand transmission line for your so-called "something large to generate what can supply the entire country"

You lots just like showing your hatred for PMB without thinkinh of the ignorance you are displaying on public forum

sammydemperor:


Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

Rossikk:
The problem in Nigeria is not really generation, but distribution, plus gas to power the plants etc. So it is not really a question of building a giant power plant of say 10,000mw capacity. In any case we have something huge like that being built at Mambilla.

gists:



I find it fantastically annoying to say the least that in this day and age in 2016, someone is suggesting abolishing modular power generation scheme in favour of one mega station.
In essence, we have to deal with the high risk of knocking us back to square one in case of vandalisation. Did you even think of maintanenance before making that suggestion? How about the trasnmission part of the chain? Are you suggesting we also spend time and money to build/expand transmission line for your so-called "something large to generate what can supply the entire country"

You lots just like showing your hatred for PMB without thinkinh of the ignorance you are displaying on public forum

sammydemperor:


Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

shukuokukobambi:


Forgive him my friend. If he still can't see how ridiculous he sounds with the bold, he probably can't be helped

He wants to tell us he can speak ingrish. let him kontinuu

gists:

You're correct.
But also, for our own peculier case, I'll rather build 10 - 1000MW stations across the country (where the raw materials for energy conversion exists) than the so called mega station with its consequences.

sammydemperor:


lol...

look at this one that does not even know anything about power supply, you have no damn idea of how these things work, all you do everyday is talk cheaply on nairaland, without any grounded knowledge

nigga piss off, why do you have to make everything look like a PDP and APC affair grow up boy

am talking facts you talking trash, do you know how much load our 330kv load can withstand according to their design

please keep quiet, the largest dam in the world was completed in 2009, xo tell me how hydro power generation is becoming obsolete
ill mannered piece of shit... guy go park for yaba left and don't quote me agaain

sammydemperor:
smh...

is it that we lack understanding or the will power to make effective change

For God sakes who builds a 1125 MW plant with $1.75 billion?

You guys may see it as progress, but damn how much do you really know about power generation, its not about the number of stations, rather the capacity. These plants will not be able to deliver up to 45% of their rated capacity to the Grid...

the largest dam in world was built at a cost of $22.5 billion and it generates 22,500 MW of electricity, spare me all the bullshit of littering the whole country with mini-power plants...

build something tangible, power generation is not rocket science all it takes is just some level of responsiveness to the plight of your people

this is how they will keep on taking us for granted, if we just take anything they bring to our table without us questioning them

so much for change...

Olabestonic001:


You're very right man. But Nigeria Corrupt settings made this look good.

sammydemperor:


Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

gists:



I find it fantastically annoying to say the least that in this day and age in 2016, someone is suggesting abolishing modular power generation scheme in favour of one mega station.
In essence, we have to deal with the high risk of knocking us back to square one in case of vandalisation. Did you even think of maintanenance before making that suggestion? How about the trasnmission part of the chain? Are you suggesting we also spend time and money to build/expand transmission line for your so-called "something large to generate what can supply the entire country"

You lots just like showing your hatred for PMB without thinkinh of the ignorance you are displaying on public forum

Olabestonic001:


Bros, you know what you're really saying.
How can someone tell us to ditch embedded Power for Centralised power in Nigeria?
It must be due to gross ignorance.

sammydemperor:


Nah, not today, not now... I won't insult you, Your ignorance has done that to you already

If you could read effectively maybe you'd have had a better understanding of where am driving at

some countries have the luxury of experimenting with solar powered plants, others like Nigeria don't, we currently have an installed capacity of not more than 7,000MW. Instead of building small plants everywhere, why not build something large to generate what can supply the entire country for about 18 hours daily...

You can say all you want, but i won't stoop to your level of immaturity by trading insults... I'd rather trade opinions with you

Thanks

sammydemperor:


lol...

look at this one that does not even know anything about power supply, you have no damn idea of how these things work, all you do everyday is talk cheaply on nairaland, without any grounded knowledge

nigga piss off, why do you have to make everything look like a PDP and APC affair grow up boy

am talking facts you talking trash, do you know how much load our 330kv load can withstand according to their design

please keep quiet, the largest dam in the world was completed in 2009, xo tell me how hydro power generation is becoming obsolete
ill mannered piece of shit... guy go park for yaba left and don't quote me agaain

shukuokukobambi:


Pls don't try to psyche that ignorant guy up.

Can he or you point out one place where Nigeria can site a power generating plant (solar, gas, hydro or coal) with a capacity of say 10,000MW today? Then how you propose to get funding for the project?