US consortium plans to add 100 MW of solar in Nigeria
Sep 29, 2014 - A group of US investors and the Nigerian government are discussing a plan to build two 50-MW solar plants in the African country, according to a press statement from Wednesday.
The two solar parks will be constructed in Kumbotso, Kano state, and Karu, Nasarawa state. In addition to building the plants, the consortium, called Global Business Resources, also intends to carry out Geographic Information System mapping for domestic renewable energy sources. This would make it easier to develop rural electrification projects under public-private partnership agreements.
Local newspaper The Punch cited James Nicholas, who led the US group, as saying that the two projects would require a total investment of some USD 106 million (EUR 83.6m). Nicholas has also noted that Africa has the most promising solar potential when it comes to costs.