Nigeria‘S Rural Electrification Agency (REA) has signed an agreement with the renewable developer Oando Clean Energy, based in Lagos, for a 1.2 GW solar assembly factory.
According to a statement on the REA website, the project will include the construction of an off-grid power plant, MESH Electricity Generation, interconnected power network and solar energy plant.
President and CEO of Oando Clean Energy, breathola Ogunbanjo, said that the company will roll out the first 600 MW line next year. Ogunbanjo also added that the project will be the first solar modular assembly factory with a recycling line in Africa.
The factory is part of the $ 950 million distributed access via Renewable Energy Scale -up (DARES) project, which is funded by the World Bank and the international cooperation agency of Japan. The project is planning to encourage the local capacity for producing solar materials in Nigeria to offer electricity to 17.5 million Nigerians and the country to make a ‘renewable hub’.
Rea’s agreement with Oanado Clean Energy is part of a broader deal with a total of nine companies that will help to deliver the Dares project.
During a signing ceremony, REA director Abubakar Abba Aliyu also revealed plans to sign a joint development agreement with Infracorp and the Ministry of Finance for another 1 GW solar panel assembly factory “in a few weeks”.
This last announcement follows the groundbreaking of a solar module assembly factory in the southeastern state Enugu last July.
Rea recently launched operations and maintenance tenderly For seven hybrid sun plants, with applications open until April 28.
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