C&I IPP Empower New Energy to Develop Solar Projects in Nigeria and Morocco

Google+ Pinterest LinkedIn Tumblr +

The first solar investments, totalling USD 3 million, include Empowerโ€™s inaugural project in Morocco in collaboration with local partner, Jet Energy. Empower finances the construction and operation of 4 solar rooftop plants located in Had Soualem, Atlas, Fes and Mediouna totalling 2 MWp under a 16-year offtake contract with the Moroccan agro-alimentary group, Zalar Holding.

The investment by Empower into its second project in Nigeria sees a partnership with the Nigerian EPC company, Dartz Technology, to build a 1MWp ground mounted Solar PV installation at the agro-processing factory of Harvest Farms located in Abeokuta, Nigeria, under a 12-year Power Sales Agreement. The two investments are estimated to result in approximately 3000 tons of CO2 saved per year.

Author: Bryan Groenendaal

Share.

Leave A Reply

About Author

Green Building Africa promotes the need for net carbon zero buildings and cities in Africa. We are fiercely independent and encourage outlying thinkers to contribute to the #netcarbonzero movement. Climate change is upon us and now is the time to react in a more diverse and broader approach to sustainability in the built environment. We challenge architects, property developers, urban planners, renewable energy professionals and green building specialists. We also challenge the funding houses and regulators and the role they play in facilitating investment into green projects. Lastly, we explore and investigate new technology and real-time data to speed up the journey in realising a net carbon zero environment for our children.

Copyright Green Building Africa 2024.