Westa Solar has revealed a 990kWp solar system at Aspira Nigeria Limited to help businesses overcome the difficulty of an inconsistent electricity supply.
The PUNCH reported that the business said in a statement on Monday that with the launch, electricity supply—which had been a major impediment to industrialization and international investment—would progressively disappear.
Westa claimed that its passion for renewable energy has never wavered, and it views the most recent increase in its installed solar capacity as evidence of this commitment to solving Nigeria’s power crisis.
The company stated that solar energy will assist in closing the gap in the supply of power by giving companies all throughout the nation access to sustainable, clean energy.
Remember that in 2022, Westa Solar continued to expand its portfolio and was granted a mezzanine loan from the Development Bank of Austria totaling over $1 million.
The company clarified that for commercial and industrial clients in West Africa, their Power Purchase Agreement model provided a reliable power supply solution that encompassed finance, design, procurement, installation, and maintenance of ground- and rooftop-mounted solar installations.
Westa Solar claimed that by financing the projects, it assumed the initial capital investment, which was normally a substantial sum of money for a sizable turn-key solution.
In comparison to the client’s current cost of obtaining its energy needs via a combination of diesel or gas generators and electricity from the national grid, the firm promised that by providing the funds, it would guarantee a competitive cost of energy.
“Westa Solar has successfully overseen the smooth functioning of its new 990KWp solar rooftop power plant at Aspira Nigeria Limited, situated in Kano State, for the last two months. Over 18,000 tonnes of CO2 emissions are anticipated to be offset by this project over its lifetime, and Aspira Nigeria Limited is predicted to save N2.5 billion in costs.
“With a total installed capacity of 3MWp of solar now, this feat, along with the earlier commissioning (sic) of a 396kWp solution at Angel Spinning and Dyeing Limited, adds to a growing list of clientele under Westa Solar’s PPA model,” the statement continued.