A German firm in conjunction with other international finance cooperation and Nigeria indigenous company, are set to begin the construction of a 125 megawatts (MW) solar power plant in Kankia, Katsina State.
This partnership is set to give a boost to the partnership between Nigeria and Germany on energy.
The German company, Nova Solar power, in partnership with the katsina state government is to construct the 125mw solar plant under the Public Private Partnership Agreement (PPP).
This was revealed at a forum of Nigeria, Germany energy partnership forum, in Abuja, according to a statement by the Assistant Director, Press, Ministry of Power, Works and Housing, Ibrahim Haruna.
Speaking at the event, the Permanent Secretary, Power, Engr. Louis Edozien, who chaired the meeting, stated that the energy partnership between the two countries is yielding positive results adding that it would assist Nigeria to tackle poverty and improve standard of life through employment generation.
Edozien pointed out that the German Development Agency, (GIZ), has promote renewable energy, energy efficiency and rural electrification on one hand and sustainable development on the other as well as deepened economic development in Nigeria.
While noting that Nigeria has demonstrated policy stability in the energy market, he disclosed that the federal government will continue to provide enabling environment for investors in the energy sector which would ensure the provision of uninterrupted power supply to Nigerians.
On his part, State Secretary, Federal Foreign Office, Germany, Stephan Steinlein, stated that Nigeria and Germany need to learn from each other on how to decarbonize their economies in the most efficient and cost effective way.
Steinlein pointed out that Germany has decided to decarbonize its energy sources and has provided a stable investment framework for renewable in the country.
He further pledged Germany’s support to help Nigeria tackle energy shortage, reduce carbon emission and embrace renewable energy models, following the country’s demonstrated eagerness to increase its power production in an emerging economy of more than 180 million people.
Steinlein also stated that generation cost for all renewable sources are now at the same level as for fossil fuels without additional external risks such as air pollution and disposal, adding, “let us not forget that renewable energy plants do not require any kind of logistics for fuel supply. It is therefore not surprising that the global capacity in renewables has more than doubled since the beginning of the millennium.”
