WATT to install 5.6 MW of solar arrays for significant bank in Nigeria
- Africa-focused lasting power remedies supplier WATT Renewable Corporation said on Tuesday that it won a USD-10-million (EUR 9.33 m) contract to install solar arrays and also power storage in Nigeria for an unnamed financial institution.
WATT has been gotten to deploy an overall of 5.6 MW of solar energy generation capacity on numerous sites throughout the country as the primary power source for the branches of this "major African financial institution".
The initial locations are expected to be energised by August 2023 and the rest must be finished by the end of the year. After that, WATT will certainly provide procedure and maintenance (O&M) solutions for a duration of seven years.
"West Africa gets on the cusp of a digital improvement that will unlock social as well as financial chances for countless people, and this deal will play an essential duty in this by providing tidy, trusted power to local financial institutions in remote areas that count on digital networks," commented Oluwole Eweje, CEO of WATT.