FG secures 1GW solar PV Manufacturing plant - News Summed Up

FG secures 1GW solar PV Manufacturing plant


AS part of efforts to provide reliable energy to its people, the Federal Government has signed a memorandum of understanding (MoU) for the establishment of a one Gigawatt (GW) Solar PV Manufacturing plant in the country. “The project focuses on local manufacturing, green manufacturing and renewable energy, equipment manufacturing, and climate resilient infrastructure,” he said. While commending the Infracorp-led consortium for successfully securing a manufacturing plant in Nigeria, the Coordinating Minister for the Economy, Olawale Edun, said available data indicates a substantial market size for solar energy in Nigeria and the West Africa region. Edun said the establishment of a solar PV manufacturing plant in Nigeria has the potential to address various socioeconomic challenges and bring about positive impacts across different sectors. The Minister of Industry, Trade & Investment, Dr Doris NkirukaUzoka-Anite, who said that the establishment of the Solar PV Manufacturing plant will be a significant catalyst for Nigeria’s industrial sector, stressed that energy infrastructure is the foundation for innovation, job creation, and prosperity, paving the way for a brighter, more sustainable future.


Source: Nigerian Tribune December 05, 2023 05:50 UTC



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