- Dangote Industries of Nigeria and Black Rhino, a Blackstone company based in Africa, have secured a USTDA grant for 100 MW solar power plant
- The plant would be located in Kano State of Nigeria; the grant is for conducting a feasibility study
- The study will study the readiness of Nigerian grid to absorb solar power from this 100 MW capacity
Nigerian company Dangote Industries has received a grant from the US Trade and Development Agency (USTDA) to conduct a feasibility study for a 100 MW solar PV power plant in Kano State. Dangote Industries will be joined by African infrastructure fund Black Rhino.
Black Rhino is an American energy company based in Africa and is owned by alternative asset manager Blackstone. Black Rhino develops power plants and fuel storage facilities and pipelines in Africa.
The feasibility study will assess the readiness of Nigeria’s transmission grid to absorb power from a 100 MW solar power plant. Dangote Industries CEO Aliko Dangote called the grid study the ‘key component to the success of future grid connected power in Kano State’.
“This grid study will create opportunities for US industry to supply products and services that will advance Nigeria’s power goals,” said Lida Fitts, USTDA’s Regional Director for Sub-Saharan Africa.
The two companies joined hands in 2014 to invest $5 billion in African Energy Infrastructure projects.
Recently, a 50 MW Nigerian solar power plant was announced to have secured $1.25 million financing from InfraCo Africa (see Financing For 50 MW In Nigeria).