The federal government of Nigeria has signed a Memorandum of Understanding (MoU) with Motir DuSable Power Investment Limited; a US-based renewable energy power firm to build a 300 MegaWatts solar plant in Enugu State.

According to their website,

DuSable Capital is a US-based firm with a focus on making investments in renewable energy and infrastructure projects. DuSable is a developer of utility-scale solar plants in Asia and Africa and has been awarded over 1,500 Megawatts of power in both continents since inception.

The company commenced plans after getting an energy generation license from the Nigerian Energy Regulatory Commission (NERC) for up to 300 MW. They have also completed all of the required technical research for the potential site and is in the final stages of negotiating a 20-year Power Purchase Agreement(PPA) with the Nigerian Government.

The first phase of the project, estimated at about $200million will inject 100mega watts of power into the national power grid, which will subsequently be increased to 200MW in the second phase.

It is sited in Enugu State with the goal of making the state the hub for renewable energy generation in sub-Sahara Africa.

While providing much-needed power, the project will create, jobs, opportunities and open up the state.

According to a press release on the DuSable website, When completed in the next 12 to 18 months, the project will be part of solar energy projects worth $2.5 billion that will be undertaken in Nigeria and is expected to add 975 megawatts of electricity to the national grid.

https://techpoint.ng/2016/08/08/motir-dusable-solar-plant/



For anyone that doesn't know, if you do a power project in Nigeria you have to sign off with the FG because of the horrible constitution (National Grid management). The same way you have to sign off with state authorities if you're building a house, or buying land. It doesn't mean the State/LG is building your house or buying your land.

Please stop using false achievements to blanket the failure, incompetence, and embarrassment of this regime

This is a private project by this man and his firm.

Frank White, Jr.

Founder & CEO

Frank White, Jr.Mr. White is the Founder and CEO of DuSable Capital Management and oversees all investments, investor relations, and operations at DuSable. Prior to founding DuSable, Mr. White founded and served as Chairman and CEO of Advanced Concepts, Inc. Under his leadership, the technology company evolved into a leading supplier of engineering and information technology support services to the Federal Government, primarily within the U.S. Intelligence Community.

[size=30pt]STOP LYING START LEADING[/size]

Where are the Afonjas?

Igbo's don't depend on oyel money neither do they extort innocent citizens to raise IGR like Lagos.

In whichever way,its good news

The mark of a failed people is overt focus on government. When all of the news is about government, the state is failing. You can look all over the world and this is the truth. In the US, when the election is over we go back to talking about business men/women, entertainers and athletes. When you have a situation where someone decides to expand their business into Africa from the US, and the story is spun to be about the government, not the individual who made the decision because the FG gave him clearance, you're talking about a failed state.

I say so because, how is a young person supposed to aspire to do what this business man is doing if he's taught that the federal government? Worthless dead country

GOOD MOVE

Ofodirinwa:
The mark of a failed people is overt focus on government. When all of the news is about government, the state is failing. You can look all over the world and this is the truth. In the US, when the election is over we go back to talking about business men/women, entertainers and athletes. When you have a situation where someone decides to expand their business into Africa from the US, and the story is spun to be about the government, not the individual who made the decision because the FG gave him clearance, you're talking about a failed state.

I say so because, how is a young person supposed to aspire to do what this business man is doing if he's taught that the federal government? Worthless dead country

true talk. dat is nigeria for u. ripping where they did not sow. dis con3 is uselesslly worthless.

Mods please move to front page.
This is a front page topic.

Ofodirinwa:


https://techpoint.ng/2016/08/08/motir-dusable-solar-plant/



For anyone that doesn't know, if you do a power project in Nigeria you have to sign off with the FG because of the horrible constitution (National Grid management). The same way you have to sign off with state authorities if you're building a house, or buying land. It doesn't mean the State/LG is building your house or buying your land.

Please stop using false achievements to blanket the failure, incompetence, and embarrassment of this regime

This is a private project by this man and his firm.

Frank White, Jr.

Founder & CEO

Frank White, Jr.Mr. White is the Founder and CEO of DuSable Capital Management and oversees all investments, investor relations, and operations at DuSable. Prior to founding DuSable, Mr. White founded and served as Chairman and CEO of Advanced Concepts, Inc. Under his leadership, the technology company evolved into a leading supplier of engineering and information technology support services to the Federal Government, primarily within the U.S. Intelligence Community.

The plant will not be owned by Mr White. Mr White is just an electrical engineer who became a capital funds manager. The owners will be many and varied. The Buhari regime through the office of the VP has a policy team bringing renewable energy projects into the country with very little investment by FG itself . There are many more coming including a cheap capital solar solution one for households

If it is a wholly private owed project with just a clearance as op claimed then the solar power coy will need many other clearances associated with GENCOs. Don't tell me GENCOs need just an MOU to start building plants.

Either way, na good news abi no be so?

megaik:
In whichever way,its good news

God bless you my brother. I am quite sure that with current arrangement of constitution, if the FG refuse their nod, the construction will not happen.

What a brainless toad! Is the word "investor" new to you? Or you totally don't understand what an MoU is? Further, is this person going to use the electricity generated themselves or sell it to the Nigerian government?

Fvcking twàt.

NATIONALPASTOR:
Where are the Afonjas?

Igbo's don't depend on oyel money neither do they extort innocent citizens to raise IGR like Lagos.

What are you saying? Let us prepare for the task of making our nation work better rather than insinuating what is not going to help.
Progress is what will make us happy.

I told aressa. my only problem is that it will be transmitted to the national grid instead of transmitted locally to targeted areas, this is the problem Geometric ran into. FG should dismantle the national grid, but weakling who are scared of competition will resist

Pls, how can one this company's site and how to contact them

Of course everyone knew the Federal Govereny under the hateful bigot Buhari will not even patch federal roads in the SE region, talk more build anything there. He even labelled them the "5%" which he is not responsible to do any good whatsoever for them.

Imagine the Enugu Intetnational airport Cargo warehouse had been completed for almost one year now, while Buhari through Amaechi has refused to authorize its use by any airline.

MXrep:
I told aressa. my only problem is that it will be transmitted to the national grid instead of transmitted locally to targeted areas, this is the problem Geometric ran into. FG should dismantle the national grid, but weakling who are scared of competition will resist

he's from the north and the government does everything there from roads to build companies to terrorism. So maybe, culturally, this is a new concept to him.

Adminisher:


The plant will not be owned by Mr White. Mr White is just an electrical engineer who became a capital funds manager. The owners will be many and varied. The Buhari regime through the office of the VP has a policy team bringing renewable energy projects into the country with very little investment by FG itself . There are many more coming including a cheap capital solar solution one for households

lol so the CEO and Founder of a company is not the owner of a plant his company is building?
wow.

Propaganda BUSTED

Cc Lalasticlala

StarCj:
Pls, how can one this company's site and how to contact them

www.dusablecapital.com
info@dusablecapital.com