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Development and operation of a solar photovoltaic power plant: PASH Global and RiplEnergy sign a joint venture agreement

29/08/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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RiplEnergy, a 100% renewable energy subsidiary of the Nigeria Sovereign Investment Authority, has signed a joint venture agreement to develop and operate a 2.6 MW ground solar photovoltaic power plant with a 6 MWh battery storage system in Nasarawa State, in Nigeria. The signing was made with the impact investor in the clean energy sector, PASH Global

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The 2.6 MW ground mounted solar photovoltaic power plant is intended to provide clean energy to a leading fully integrated agri-food processing facility in Nigeria. It will completely compensate for the facility's current dependence on diesel generators. é According to Kofi Owusu-Bempah, managing director of PASH, “The é é Acting this joint venture with RIPLE is an important step in PASH's quest to be the first to provide reliable and cost-effective renewable energy solutions in Nigeria. Through this collaboration, businesses will be able to harness the power of highly efficient and flexible renewable energy systems, ensuring future predictability and cost optimization

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