Nigerian government moves on solar
- 22 Jul 2016
| 10 minute read
Solar power developers in Nigeria were caught off guard when, after months of uncertainty, Nigerian Bulk Electricity Trading (NBET) offered 20-year power purchase agreements (PPAs) with a base tariff of $0.115/kWh to each of the 15 solar photovoltaic (PV) projects that had already received a generation licence from the Nigerian Electricity Regulatory Commission (Nerc). Local media reported that 12 projects initialled PPAs with combined capacity of 975MW.
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