Nigeria signs 1.2GW PV agreement

November 24, 2014
Facebook
Twitter
LinkedIn
Reddit
Email

Global energy developer New Generation Power (NGP) signed a memorandum of understanding with the Federal Government of Nigeria to deliver 1,200MW of utility-scale photovoltaic projects within the West African country.

Motir Seaspire, a specialist in construction and energy development, also signed the MoU for the estimated US$2 billion plan.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Although the Nigerian government has yet to identify the location of the projects, NGP said they were expected to break ground in 2015 and be operational within two years.

Once completed, the projects are expected to produce 590,400MWh of renewable electricity annually. Currently, 60% of Nigerians do not have access to power, despite the country’s said enormous energy potential.

PV Tech recently reported news that the Nigerian president, Goodluck Jonathan, is “personally committed” to boosting the use of renewable energy in the country.

Commenting on the announced solar projects, Nigeria’s minister of power, Professor Dr. Chinedu Nebo, said: “We must support this project, as it will be in tandem with Mr. President’s long time wish for Nigeria to enjoy its abundant solar potentials especially those in rural areas, as it is envisioned that through a project like this, they would be linked to micro or mini-grid systems.”

A number of plans for large-scale PV projects in Nigeria have been made in recent months, including 500MW last year through a joint programme with Germany. However, none have yet come to fruition.

Read Next

December 5, 2025
BayWa r.e. has sold two of its UK solar farms, which have a combined capacity of 89.9MW, to global asset management firm Capital Dynamics
December 5, 2025
Origis Energy has raised US$265 million in finance from Advantage Capital to support the development of a 305MW solar PV portfolio in the US.
December 5, 2025
WBS Power has sold the 150MW solar, 500MW/2,000MWh BESS Project Jupiter in Brandenburg, Germany, to investor Prime Capital.
December 5, 2025
Over 140 US solar companies have urged Congress to reconsider changes to permitting which they say have resulted in “a nearly complete moratorium” on solar project permits.
Premium
December 5, 2025
In November, the Colorado PUC ordered utility Xcel Energy to provide higher-quality information, and introduce flexible tariffs.
December 4, 2025
High power prices and increased energy storage usage have led to a sharp increase in self-consumption of solar power in Germany since 2022, according to data from the Fraunhofer Institute for Solar Energy Systems (ISE).

Upcoming Events

Upcoming Webinars
December 17, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA