He said the plant is a game changer in the nation’s energy
sector.
He said although the agreement for the production plant was
initially signed in July 2013, the intervention of Vice President Yemi Osinbajo
made the project take off.
He said the agency’s goal was to use science, technology,
innovation, and engineering to advance local content interventions in power
sector reforms.
The commencement of the plant signalled the
implementation of one of the three projects contained in the Memorandum of
Understanding (MoU) between NASENI and the China Great Wall Industry
Corporation (CGWIC), says Haruna.
According to him, “The cost of solar energy is still beyond the
affordability of an average Nigerian hence the necessity of this project. When
fully commissioned, the price of per watt of solar power supply will be cheap
enough to be affordable to everyone and it is a game changer in energy and
power supply industry as well as industrial development of Nigeria.
“This production and research plant consists of four main
production sections on a 15.8 hectares of land which are: (a) Polysilicon
section of 1,000 ton per annum; (b) Ingot of 50MW per annum;(c) Wafers of 50MW
per annum; and (d) Solar cells of 50MW per annum
“It will cost a total of $171,970,000USD with 85% funding
equivalent of $146,174,500USD support from China Africa Development (CAD) fund
through the Bank of China and 15% local counterpart funding, equivalent of
$25,795,500USD from Nigeria.
“The other two projects are Electric Power Transformer
Production Plant at $123,990,000USD and High Voltage Testing Laboratory at
$29,900,690USD. The total cost approved for the three projects is $325,860,690
and a total of $276,981,586.5 representing 85% is from China. The 15%
counterpart for the three projects is $48,879,103.5 and NASENI has
installmentally remitted up to 46.89% or $22,921,505.40 of the 15 percent
($48,879,103.5).
“Excess capacity of polysilicon and future expansion of
wafers and solar cells production will lead to exportation for foreign exchange
earnings.”
Haruna commended President Muhammadu Buhari, who is the
chairman of NASENI Governing Board, for according the agency a new status which
has fast-tracked its innovations.
He, however, thanked Vice President Yemi Osinbajo for making
the plant project a reality.
He added: “This singular project has the capacity to positively change the energy status of Nigeria, the region, and the continent of Africa, since it is the first of its type.
Performing the ceremony at the factory site in Gora,
Nasarawa State, the Vice President, Yemi Osinbajo said the measure was a proactive effort
aimed at placing Nigeria within the ranks of countries pushing the boundaries
in the use of climate-smart alternative energy sources, particularly solar
power.
Vice President who laid the foundation of the plant said the development is one of the federal
government’s steps to ensure that NASENI gets a statutory 1% of the Federation
Account annually, as prescribed by its founding law.
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