With a vast and mostly untapped potential in renewable energy resources, the Nigerian Electricity Regulatory Commission (NERC) has set a target to generate a minimum of 2,000MW of electricity from renewables this year.
According to a report obtained from the commission’s website, the agency assured guaranteed price and access to grid as well as
Feed-in tariff for solar, wind, biomass and small hydro.
Apart from the Power Purchase Agreement (PPA) based on the plant life cycle of 20 years, electricity distribution companies (DisCos) are mandated to procure a minimum of 1000MW (50 percent of the total projected renewable sourced electricity…
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News Archive from before July 2018