Nigerian solar: Developers, DFIs and delays

In:

Renewables

Region:

Middle East & Africa

Max Thompson

Managing Editor

Nigeria’s plan to finance 14 utility-scale solar IPP projects by the end of June 2018 is looking uncertain. Potential DFI appetite is waning as state-owned offtaker Nigerian Bulk Electricity Trading attempts to renegotiate tariffs on the 20-year offtake agreements it signed in 2016.

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