All On and PowerGen Launch Mini-Grid Project in Nigeria
Renewable energy firm All On has partnered with PowerGen Renewable Energy Nigeria Limited to develop mini-grid projects across Nigeria, aimed at expanding access to reliable electricity. This mezzanine investment will support isolated and interconnected mini-grid projects, including the Toto Community Mini Grid Project in Nasarawa State, Nigeria's first interconnected hybrid solar mini-grid.
The initiative is expected to facilitate up to 6,000 electricity connections, benefiting around 41,000 individuals, with a generation capacity of up to 9 megawatts (MW) and a combined energy impact of over 17 MW. Additionally, the projects are projected to create approximately 470 jobs in the communities served.
All On CEO Caroline Eboumbou expressed confidence in PowerGen's ability to deploy renewable energy solutions effectively. PowerGen CEO Aaron Cheng stated that the investment underscores their commitment to delivering reliable renewable power in Nigeria, which remains a crucial market for their operations.
Plus234Feed summary based on reporting from Daily Trust. Read the original report below.
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