Phanes Group bags three solar contracts in Nigeria
Nigeria awards three solar PV plant development projects to Dubai-based Phanes Group
Phanes Group, a solar energy developer and asset manager based in Dubai, has acquired and will co-develop three 100 MW grid-connected solar PV plants in Nigeria.
The projects span three locations, including the Mando area of Kaduna, Birnin-Kebbi in Kebbi and Sokoto in the North-West of Nigeria.
The latter – in Sokoto – benefits from one of the highest irradiation levels (2210 kWh/m2/year) in the country.
It is backed by one of the 14 recently signed government power purchase agreements (PPA) with utility-scale solar power developers – which will collectively add around 1,200 MW of solar capacity to the grid.
The first 50 MW of Phanes Group’s Sokoto project will be grid-connected as early as the first quarter of 2018, and the project is expected to be complete by the end of 2018.
The Kebbi and Kaduna projects will be delivered under the Hasken-Rana brand – a joint venture between Phanes Group and its Nigerian partners, and are due for completion before the end of 2019.
“Nigeria’s policy makers have worked proactively to address the nation’s immediate and long term electrification challenges through the introduction of attractive clean energy policies, and we are beginning to see the fruits of those policies,” said Martin Haupts, chief executive officer of Phanes Group.
The projects will be managed and delivered from Phanes Group’s new Nigerian office, which is expected to be operational from the end of this year and will service the firm’s broader West African solar interests.