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REA Signs 200MW Solar Deal To Boost Clean Energy
Summary by The Whistler Nigeria
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REA Signs 200MW Solar Deal To Boost Clean Energy
The Rural Electrification Agency (REA) has committed to purchasing at least 200 megawatts (MW) of solar modules annually for five years under a landmark agreement that will deliver Nigeria’s first 1-gigawatt (GW) solar panel manufacturing plant. The deal, signed in Abuja, establishes Solarge Nigeria Limited, a special purpose vehicle co-owned by REA, the Infrastructure Corporation of Nigeria (InfraCorp), and Netherlands-based Solarge BV. The com…
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