Alten Energy signed an agreement with the International Finance Corporation (IFC) to co-develop a 120-megawatt peak photovoltaic solar power project in Nigeria

The International Finance Corporation (IFC), a member of the World Bank Group, yesterday signed a Joint Development Agreement with Alten’s Middle Band Solar One Limited, a Nigerian solar power project company, to co-develop a 120-megawatt peak photovoltaic solar power project with a consortium of developers.

The project, which is based in Lokoja, Kogi State is expected to provide renewable energy supply to about 175,000 people and nearby industrial clusters, support job creation, and boost economic growth in the country, a statement from the corporation said.

daily-trust

To read more CLICK HERE.