Nigeria set for five 100 MW solar plants

Five 100 MW solar plants worth $600m are to be built in northeast Nigeria.

The plants are intended to be the start of a renewable energy hub in Sebore Export Processing Zone in Adamawa State. 

The plants are being built by domestic finance firm Nigus Investments in cooperation with German renewable solutions provider LTl ReEnergy, backed by the Nigerian Investment Promotion Commission.

“We would like to exploit the enormous potential for solar business in our country and we believe that Nigeria will become the renewable energy hub for The Economic Community of West African States,” said Nigus chairman Malik Ado-Ibrahim.

“Together with LTI ReEnergy and other partners and significant involvement and support of NIPC we will help our country to reach this goal not only by building solar power plants but also by setting up the whole renewable energy value chain hub in Sebore EPZ.”

Chris Voet of LTI ReEnergy expects work on the first project to start early next year.

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