Two coys partner on Jigawa 50MW power project
Oriental Renewable Solutions, a subsidiary of the Oriental Group at the weekend, signed an agreement with GreenWish Partners (“GreenWish”) to co-develop the company’s solar power project in Jigawa State.
The equal equity partnership will see both firms work together to deliver a new capacity of 50MW to Northern Nigeria, according to a statement from the company.
The Jigawa solar project will have an output of circa. 96 GWh per year, equivalent to the consumption of more than 650 000 people, while the plant will also generate an estimated savings of around 354, 000 tons of CO2 per year (World Bank data).
The statement added that the plant will create 300 jobs during construction and 25 permanent jobs during operations and will feed local infrastructures such as hospitals, schools and businesses with grid power, directly and indirectly creating hundreds of jobs in the region.
Commenting on the partnership, the group’s Chairman Alhaji Muhammadu Indimi said:
‘’We are pleased to be working in Partnership with GreenWish. They share our belief that renewable energy has the potential to meet the challenges we face and are bringing a combination of both financial and technical support. I look forward to working with them as we work towards financial close.”
While the President, GreenWish Partners, Charlotte Aubin-Kalaidjian said the Jigawa solar plant is a first concrete step towards the extension and diversification of the energy mix for a sustainable electrification of Nigeria.
He added that: ’’Not only will the solar farm help local communities in remote areas to have access to electricity, it will also unleash economic activity while reducing the deficit of the balance of payments for the country as a whole.”
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