Sterling and Wilson Solar Solutions, the US-based step-down subsidiary of Sterling and Wilson Renewable Energy, has signed a Memorandum of Understanding (MOU) with the Nigerian Government, along with its consortium partner Sun Africa, to develop solar and storage projects in Nigeria.
Under the agreement, Sterling and Wilson Solar Solutions will develop solar projects aggregating to 961 MWp along with a total battery storage capacity of 455 MWh. These projects will come up at five different locations in Nigeria.
Sterling and Wilson Solar Solutions’ work scope includes development, design, construction, and commissioning of solar PV power plants and battery energy storage systems.
These projects will ultimately be owned and operated by Nigerian Government-owned Niger Delta Power Holding Co. Financing is under negotiations between US EXIM, ING, and the Government of Nigeria.
“Africa has shown great progress in developing 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,” said Amit Jain, global CEO of Sterling and Wilson Renewable Energy Group.
“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”.
Sterling and Wilson Renewable Energy, part of the Sterling and Wilson Group, entered the African market in 2015 with its first international project of 90 MWp in De Aar, South Africa. Today, the company is one of the largest solar EPC players in the region, with a portfolio of over 1 GWp spread across seven countries.
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