12 °c
London
Saturday, December 2, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Renewables

RP Global and OOLU Solar partner to launch a new solar venture in West Africa

FurtherAfrica by FurtherAfrica
June 25, 2021
in Africa, Energy, FA, Press Release, Renewables, Solar power
Reading Time: 2 mins read
0 0
0
RP Global and OOLU Solar partner to launch a new solar venture in West Africa

RP Global, a leading renewable energy developer and investor, and OOLU, leader in energy access solutions in West Africa, announce the launch of Westa.Solar, a Commercial & Industrial (C&I) Solar Venture in West Africa, and the deployment of its first solar PPA project in Nigeria.

The 500kWp solar installation will supply Petrichor Industries with almost a quarter of its energy needs as well as improve its resilience against frequent power outages. It will also enable the company to minimize its reliance on diesel generators, thereby reducing both its overall energy costs and carbon footprint. The project was jointly financed by Westa.Solar and a grant from the UK Foreign & Commonwealth Development Office.

Over the next few years, Westa.Solar intends to develop and implement a large pipeline of C&I solar projects in West Africa, supporting business development and increasing penetration of renewable energies across the country.

Also read: Ncondezi and Nesa plan to launch solar storage JV in Mozambique

Located in Kano State, northern Nigeria, Petrichor Industries specializes in the manufacture of packaging products. Like many businesses in Nigeria, growth opportunities are constrained by expensive electricity tariffs and an unstable grid, with the frequent stop-start of power outages limiting production and increasing operating and maintenance costs. Westa.Solar’s customized solutions provide Petrichor with the security of a low cost, robust and reliable energy source fully adapted to meet its needs.

Kolawole Akinboye, Westa.Solar Nigeria Country Manager explained:

“This is the first of what we hope to be many solar power projects for C&I companies in Nigeria. This Solar PV installation is projected to help Petrichor generate savings of over N235 million over the next 10 years and support its long-term growth ambitions. Our solar hybrid systems are a great solution for businesses with high energy needs. Ranging from 50kW to 5MW, our systems are fully customized to meet client demand. By providing a reliable supply at a competitive price we offer greater financial predictability and contribute to decarbonizing the Nigerian energy mix.”

Related

Tags: africaC&Icommercial and industrial developmentEnergy Mixenergy securityFeatureOOLU SolarPetrichor Industriesrenewable energyrenewablesRP GlobalRP Global and OOLU Solar partner to launch a new solar venture in West Africasolar energysolar hybridsolar powerUK Foreign & Commonwealth Development OfficeWest AfricaWesta.Solarафрикаأفريقياアフリカ非洲
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Energy

Germany and Namibia launch green hydrogen pilot research

by Energy Capital & Power
December 1, 2023
Energy

Bureau Veritas AgriFood goes solar in Cape Town

by Rafael Carvalho
December 1, 2023
COP 28

COP28: Mozambique advances climate-aligned transport vision

by Elizabeth Khumalo
December 1, 2023
IMF, World Bank say Africa to get US$57B from official creditors in 2020
Finance

Africa Merchant Capital and NIDIF partner on open access fibre network in Namibia

by Africa Global Funds
December 1, 2023
Agriculture

SAB’s initiatives to drive responsible consumption in South Africa

by FurtherAfrica
December 1, 2023
Mozambique eVisa
 
MozParks

Translate this page

Read the Latest

Energy

Germany and Namibia launch green hydrogen pilot research

by Energy Capital & Power
December 1, 2023
0

German material research institute, the Federal Institute for Materials Research and Testing (BAM), has announced a partnership with research agency...

Read more

Bureau Veritas AgriFood goes solar in Cape Town

December 1, 2023

COP28: Mozambique advances climate-aligned transport vision

December 1, 2023
IMF, World Bank say Africa to get US$57B from official creditors in 2020

Africa Merchant Capital and NIDIF partner on open access fibre network in Namibia

December 1, 2023

SAB’s initiatives to drive responsible consumption in South Africa

December 1, 2023

FurtherAfrica Partners Network

The Exchange Farmers Review Africa 360 Mozambique
TechGist Africa Energy Capital & Power Club of Mozambique
Taarifa Rwanda Web3Africa See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa  

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 107.2K other subscribers
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?