Access Infra Africa on Tuesday signed a joint development
agreement with Quaint Global Energy Solutions to invest in the $100-million ABIBA
Solar Project, a 50 MW solar power plant being developed on 150 hectares of the
Manchok Ranch in Kaduna State, around 2.5 hours from the Nigerian capital,
Abuja.
Access, a Pan-African developer, owner and operator of power
assets, said once the project was completed, the plant would generate 82 500 MWh of clean
electricity, enough to satisfy the daytime requirement of more than 600 000
Nigerian households.
Speaking at a signing ceremony in Nigeria’s Ministry of
Power headquarters in Abuja, Reda El Chaar, executive chairman of Access, said:
“We see this project as a gateway to the widespread adoption of renewable
energy in Africa’s largest economy, whilst cementing the role of ACF as an
innovative platform for turning good concepts into bankable projects.”
The investment was originated by Access through its ‘Access
Co-Development Facility’ (ACF) competition, an Africa-focused platform designed
to bridge the gap between early-stage renewable energy projects and the
resources they require to become operational.
Also speaking at the event was the Permanent Secretary,
(Power), Amb. Godknows Igali, who was represented by a Director, Engineer
Abayomi Adebisi, said that the Buhari led Administration is determined to
guarantee greater access to electricity to Nigerians through solar sources.
Credit: thewhistlers.ng, pv-tech.org, engineeringnews.co.za
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