Delta State, Canadian firm ink deal to generate solar-powered electricity

Delta State, Canadian firm ink deal to generate solar-powered electricity

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The Delta State Government has signed a Memorandum of Understanding (MoU) with Skypower Energy, a Canadian solar energy developer, for the building of renewable energy plants that will generate 1000 Megawatts of solar-powered electricity in the state.

The is coming on the heels of the Foreign Investments Protection Agreement (FIPA), an agreement signed by the Federal Government with Canada to remove existing bottlenecks preventing Canadian investments in Nigeria.

Emmanuel Uduaghan, Governor of Delta State expressed delight at the FIPA and the keen interest shown by the Federal Government noting that it endorses Delta’s plan to promote green economy programme in the state.

The Governor said that the people of Delta will benefit from the 1000 Megawatts that would be generated from the state as some of it will be dedicated to the state. The green economy is not just in enhancing the environment but also meant to empower the people economically, Uduaghan added.

Olusegun Aganga, Minister of Industry, Trade and Foreign Investments, while speaking at the event said that Skypower Energy will be investing five billion dollars in renewable energy in the country.

According to him, the firm would be producing 3000 Megawatts of solar-based electricity for the national grid with the facility being deployed first in Delta State.

Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

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