{"id":14341,"date":"2014-05-09T08:21:19","date_gmt":"2014-05-09T08:21:19","guid":{"rendered":"https:\/\/new.igihe.com\/canadian-firm-invests-us-5bn-on-solar-projects-in\/"},"modified":"2014-05-09T08:20:56","modified_gmt":"2014-05-09T08:20:56","slug":"canadian-firm-invests-us-5bn-on-solar-projects-in","status":"publish","type":"post","link":"https:\/\/new.igihe.com\/english\/canadian-firm-invests-us-5bn-on-solar-projects-in\/","title":{"rendered":"Canadian Firm Invests US$5Bn on Solar Projects in Nigeria"},"content":{"rendered":"<p>{{Skypower FAS Energy has signed agreements with both the Federal Government of Nigeria and the Delta State Government for the development, construction and operation of 3,000MW of solar photovoltaic projects.}}<\/p>\n<p>The joint venture between Skypower Global and FAS Energy, will build the utility-scale photovoltaic projects at an estimated cost of US$5bn and are expected to reach commercial operation in phases starting in 2015.<\/p>\n<p>The 3,000MW will be eventually transferred to the country\u2019s national grid, but will be initially deployed in Delta, one of Nigeria\u2019s largest oil producing regions, according to the company.<\/p>\n<p>Both the governments have signed foundational agreements with the joint venture company which will result in production of clean, sustainable, cost-effective energy to support Nigeria\u2019s needs.<\/p>\n<p>The agreements were signed at the ongoing World Economic Forum on Africa between the Canadian and Nigerian governments.<\/p>\n<p>Kerry Adler, president and CEO of Skypower Global, said, \u201cThis is truly a proud moment for Skypower FAS Energy. Global partnerships such as these are key to bringing together extensive expertise from around the world.<\/p>\n<p>\u201cThe signing of these landmark agreements demonstrates the shared vision of a partnership that will further stimulate the vibrant, fast-growing Nigerian economy and substantially impact the state and country\u2019s GDPs, resulting in increased employment and skills training.\u201d<\/p>\n<p>{africanreview}<\/p>\n","protected":false},"excerpt":{"rendered":"<p>{{Skypower FAS Energy has signed agreements with both the Federal Government of Nigeria and the Delta State Government for the development, construction and operation of 3,000MW of solar photovoltaic projects.}} The joint venture between Skypower Global and FAS Energy, will build the utility-scale photovoltaic projects at an estimated cost of US$5bn and are expected to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":2000052088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[100],"byline":[170],"hashtag":[],"class_list":["post-14341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-africa","byline-igihe"],"bylines":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"contributors":[{"id":170,"name":"IGIHE","slug":"igihe","description":"","image":{"id":0,"url":"https:\/\/secure.gravatar.com\/avatar\/?s=96&d=mm&f=y&r=g","alt":"Default avatar","title":"Default avatar","caption":"","mime_type":"image\/jpeg","sizes":[]},"user_id":8}],"featured_image":{"id":2000052088,"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","alt":"","caption":"","mime_type":"image\/jpeg","width":0,"height":0,"sizes":{"thumbnail":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","width":1,"height":1},"medium":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","width":1,"height":1},"medium_large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","width":1,"height":1},"large":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","width":1,"height":1},"full":{"url":"https:\/\/en-images.igihe.com\/IMG\/logo\/arton14341.jpg","width":0,"height":0}}},"_links":{"self":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14341","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/comments?post=14341"}],"version-history":[{"count":0,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/posts\/14341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media\/2000052088"}],"wp:attachment":[{"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/media?parent=14341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/categories?post=14341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/tags?post=14341"},{"taxonomy":"byline","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/byline?post=14341"},{"taxonomy":"hashtag","embeddable":true,"href":"https:\/\/new.igihe.com\/english\/wp-json\/wp\/v2\/hashtag?post=14341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}