Sterling and Wilson Solar Solutions Inc. signs MOU with Government of Federal Republic of Nigeria
Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE), announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa.
City Air News
Sep 23, 2022 01:58
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Hyderabad, September 23, 2022: Sterling and Wilson Solar Solutions, Inc (SWSS), the US step down subsidiary of Sterling and Wilson Renewable Energy Limited (SWRE), announced that it has signed a Memorandum of Understanding (MOU) with the Government of the Federal Republic of Nigeria, along with its consortium partner Sun Africa.
The MOU is for the development, design, construction, and commissioning of solar PV power plants aggregating 961 MWp at five different locations in Nigeria along with battery energy storage systems (BESS) with total installed capacity of 455 MWh. These projects will ultimately be owned and operated by Niger Delta Power Holding Company, a Nigerian Government owned entity. Financing for these projects are under negotiations between US EXIM, ING and the Government of Nigeria.
Amit Jain - Global CEO, Sterling and Wilson Renewable Energy Group said, “Africa has shown great progress in the development of its solar energy markets over the last few years. SWRE, having contributed the maximum solar capacity in Africa with a portfolio of over 1 GWp, stands tall as a renewable player in this region.”
Speaking on the occasion, Jain added “Solar combined with energy storage is going to be the future of power generation in Africa and we, along with our partner Sun Africa, are proud to be associated with this landmark project that will lay the foundation of Nigeria’s transition to clean energy”.
