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

The first solar investments, totalling USD 3 million, include Empower’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

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