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ARTICLE · 29 APRIL 2021

Nigerian Electricity Supply Industry Highlights

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The renewable power industry has seen some new investments since the beginning of 2021.

NigeriaEnergy and Natural Resources
Chibuzor Anyanechi
Chibuzor Anyanechi
Adewale Ajayi
Adewale Ajayi
Segun Sowande
Segun Sowande
Martins Arogie
Martins Arogie

This newsletter highlights some of the recent developments in the Nigerian power sector :

Increased Investments in Nigeria Renewable Power and Mini-Grid Sectors

The renewable power industry has seen some new investments since the beginning of 2021. One notable project is the Ashama 200 megawatts/ HR solar photovoltaic (PV) farm – the largest solar PV farm project in West Africa1. The project, which is a public-private partnership arrangement will be led by a consortium of a Nigerian investment company, Sunnyfred Global, and a Singaporean renewable energy company, B&S Power Holding PTE. It has an expected fifteen months completion timeline and will occupy 304 hectares of land in Ashama village, Delta State. The Ashama project is expected to provide electricity access to about 36% of the rural population in the State, whilst reducing the impact of carbon emissions in the immediate environment.

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