Nigeria has made rapid strides toward adopting renewables and sustainable energy, following an agreement on clean and reliable energy between the Nigerian Ministry of Industry, Trade and Investment and Sun Africa LLC, the largest US renewable energy company operating in Africa. The development of 5,000MW of solar power generating and 2,500MWh of battery energy and storage power plants has been earmarked for at least 360 rural areas and 16 others around the country.
Garba Shehu, Special Assistant to the President on Media and Publicity, disclosed that the agreement was signed on Wednesday in Washington, DC, by Otunba Adeniyi Adebayo, Minister of Industry, Trade and Investment, and Adam Cortese, CEO of Sun Africa, in the presence of President Joe Biden’s Special Presidential Coordinator for the Partnership for Global Infrastructure and Investment, Amos Hochstein. This is a significant developmental action penned between the two countries towards achieving the ultimate objective of clean energy.
Nigerian gov’t to collaborate to build a smart meter infrastructure.
Furtherly, in a Friday statement titled “Nigeria, US firm sign agreement on clean, reliable electricity,” Shehu revealed that the agreement includes a Development and Engineering, Procurement, and Construction implementation framework for the construction of solar generation and battery, energy storage power plants for up to $10bn investment from the US government. In addition, President Muhammadu Buhari restates that the country has established the vision 30:30:30 as part of the National Renewable Energy and Energy Efficiency Policy to generate 30 GW of power by 2030 and have renewable energy account for 30% of the energy mix.
Moreover, the president called on the United States to support achieving the target. Shehu said that the top US and international solar EPC firm, Sun Africa, Sterling and Wilson Renewable Energy Limited, has been working with the Nigerian government to build interconnection, electrification, and smart meter infrastructure for both large-scale grid-connected solar projects and smaller-scale mini-grids across the country. He added that Sun Africa is also implementing solar cabins and solar home systems where the mini-grids are not economically viable to ensure the most comprehensive approach to access electricity.
The project is scheduled to be implemented in phases.
Phases of the project will be implemented in each of the six geopolitical zones, eventually bringing clean, dependable, and cost-effective power to over 30 million people. Phase one of the project, taking place in Q1 of 2023, includes Geregu, Kogi State (174 MWp PV size and energy storage of 82MW (24 MWp PV size and energy storage of 11MWh); Gombe, Gombe State (270 MWp PV size and energy storage of 128MWh); Gwagwalada, FCT (143 MWp PV size and energy storage of 68MWh); Lafia, Nasarawa State (350 MWp PV size and energy storage of 166MWh).
The schedules follow Akwa, Anambra State (143 MWp PV size and energy storage of 68MWh); Bauchi, Bauchi State (143MWp PV size and energy storage of 68MWh); Damaturu, Yobe State (150MWp PV size and energy storage of 70MWh); Dutse, Jigawa State (150 MWp PV size and energy storage of 70MWh); Ganmo, Kwara State (143 MWp PV size and energy storage of 68MWh); Kaduna, Kaduna State (180 MWp PV size and energy storage of 80MWh); Kano, Kano State (174 MWp PV size and energy storage of 82MWh); Kebbi, Kebbi State (174 MWp PV size and energy storage of 82MWh); Yola, Adamawa State (174 MWp PV size and energy storage of 82MWh).
All technical and financial requirement for the project have been set.
The first five sites for the grid-connected solar projects that will have up to 961 MWp of solar and 455 MWh of battery energy storage has been completed. Following this, all of the financial conversations have been concluded, and the terms of funding for up to $2 billion are now being completed by ING Bank, US EXIM Bank, the Federal Ministry of Finance, and the Debt Management Office.
Related Link
Wikipedia: Website
The content on AskNigeria.com is given for general information only and does not constitute a professional opinion, and users should seek their own legal/professional advice. There is data available online that lists details, facts and further information not listed in this post, please complete your own investigation into these matters and reach your own conclusion. AskNigeria.com accepts no responsibility for losses from any person acting or refraining from acting as a result of content contained in this website and/or other websites which may be linked to this website.
Fact Checking Tool – Snopes.com
Nigeria-US sign a new clean energy agreement – 360 rural areas, others will benefit from the Nigeria-US deal. – Express your point of view.
If this article is true,that mean Nigeria tend to gain lot from the agreement signed.Nigeria is facing many challenges that is affecting economy and major part of it is epileptic power supply and it has caused lots of companies to close down or move to another country.
This is a nice agreement between the 2 countries. We need to clean up our environment for climate change purposes. The cities that will benefit from this agreement should be ready to put in the work to achieve the purpose of the agreement.
Following a clean and reliable energy deal between the Nigerian Ministry of Industry, Trade and Investment and Sun Africa LLC, the largest US renewable energy firm operating in Africa, Nigeria has quickly moved toward adopting renewables and sustainable energy.
After a clean and dependable energy agreement was reached between the Nigerian Ministry of Industry and the Nigerian Electricity Regulatory Commission, Nigeria made significant progress toward adopting renewable and sustainable energy sources.
At least 360 rural communities and 16 others across the country will benefit from the planned construction of 5,000MW of solar power generating and 2,500MWh of battery energy and storage power plants.
This is a key step in the development that the two countries have agreed to take together in the direction of realizing the ultimate goal of clean energy.
Nigeria is signing a new clean energy with the United States is good for our power source, because anything that would be of benefits to the 36states and it’s environ will boost the economic strength of the nation.
This is a very good deal. Nigeria and USA sign new clean energy agreement. If our government will keep the agreement and follow up, This we benefit us
This is a good relationship from the two countries which will benefit our country alot from it the signing of energy agreement many cities will be improve in power supply improvement of power supply will soon with this deal
In areas where the installation of minigrids is not feasible from an economic standpoint, Sun Africa is also installing solar cabins and solar house systems in order to provide the most all-encompassing solution possible for gaining access to power.
Large-scale grid-connected solar projects and smaller-scale mini-grids across Nigeria have benefited from Energy Limited’s collaboration with the Nigerian government to develop interconnection, electrification, and smart meter infrastructure.
Nigeria’s economy is struggling due to a number of factors, the most significant of which being the country’s erratic electricity supply, which has forced numerous businesses to shut down or relocate.
It is to everyone’s advantage that all of the discussions on the finances have been wrapped up, and ING Bank is currently working to finalize the terms of funding for up to $2 billion.
This new clean source of energy with the Americans is a good thing but we hope it gets a head way and the citizenry in all the 36states and rural areas.
Nigeria made great progress toward adopting renewable and sustainable energy sources after a clean and reliable energy accord was signed between the Nigerian Ministry of Industry and the Nigerian Electricity Regulatory Commission.
The two nations have reached an agreement to work together on this initiative, which is an important step on the path toward achieving the ultimate objective of clean energy.
Numerous reasons have contributed to Nigeria’s economic downturn, but the most important is the country’s unreliable electrical supply, which has resulted in the closure or relocation of many industries.
This important development agreement between the two nations will help them get closer to their ultimate goal of clean energy.
The signing of the energy agreement will significantly improve the electricity supply in many cities, demonstrating the two countries’ solid relationship, which will be to our nation’s advantage.
The clean energy agreement signed by Nigeria with US will truly benefits us at large solving this epileptic electricity presently experience in Nigeria.