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Add to Preferred SourcesThe U.S. Trade and Development Agency has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity. The study will help Konexa enhance electricity distribution for residential, commercial, and industrial customers in Kaduna state using U.S. technological solutions.
“This project will support the development of critical energy infrastructure and an innovative business model to improve Nigeria’s electricity generation, transmission, and distribution as well as enhance the supply of energy to off-grid customers,” said USTDA’s Acting Director Thomas R. Hardy. “It demonstrates USTDA’s commitment to supporting Nigeria’s economic growth while creating opportunities for U.S. companies to develop world-class infrastructure.”
Specifically, USTDA’s grant will help define the technical specifications, project economics, and regulatory and legal requirements to develop 2.5 megawatts of solar photovoltaic energy, as well as procure and distribute 30 megawatts of hydroelectricity within the service area. A U.S. company will be selected on a competed basis to carry out the study. USTDA’s partner, Konexa, is a Nigerian entity established to develop viable business models to accelerate energy access in developing countries.
This project also supports Prosper Africa, a U.S. government initiative to substantially increase two-way trade and investment between the United States and Africa.
Original source: USTDA
Published on 4 August 2020