Nigeria

UK-based Konexa has finalized a deal that will see Climate Fund Managers and Microsoft’s Climate Innovation Fund invest $18 million to establish Nigeria’s inaugural private renewable trading platform and provide renewable energy to Nigeria Breweries.

CrossBoundary EnergyAccess Nigeria has committed to invest $60 million in minigrid projects developed by Engie, in the largest such transaction in Africa. The projects will connect more than 150,000 people to electricity for the first time.

Sterling and Wilson Solar Solutions has signed an agreement to build 961 MWp of solar and 455 MWh of battery storage capacity in Nigeria.

The Nigerian Ministry of Power is accepting bids to build seven off-grid PV projects, along with other installations that will improve access to energy.

The Nigeria Sovereign Investment Authority (NSIA) is seeking proposals for a 10 MW grid-connected solar plant in Kumbotso, Nigeria.

A new report analyzing 10 solar markets throughout Africa claims that the continent’s PV market could expand from about 5 GW at present to up to 30 GW by the end of the next decade.

The project is being developed by independent power producer Alten Africa in Kogi State, in the central region of Nigeria.

Nigeria’s Rural Electrification Agency is seeking consultants to conduct feasibility studies and develop a masterplan design for the ambitious program, which aims to establish a new energy infrastructure in the state of Jigawa. The program is backed by the African Development Bank.

The $29.8 million in funds will be used to finance the implementation of projects by Nigeria’s Ministries, Departments and Agencies towards the achievement of its commitment to the Paris Agreement.

The Finnish technology group has been awarded a contract by Pan Africa Solar Ltd to build a solar plant in Katsina State, northern Nigeria.