NextGen Solar is a U.S.-based, renewable energy company focused on building and operating utility-scale, PV Solar power plants in sub-Saharan Africa, integrating a hybrid model of modern PV generation with existing legacy diesel plants. The objective of NextGen Solar is to bring plentiful, reliable and more affordable electricity by reducing the dependency on expensive fossil fuels, especially in remote rural areas.
Advance the Power Africa goal of providing access to clean, reliable energy in East Africa, by setting up 200 MW of generation capacity via several solar power plants - 70 MW in Tanzania, 50 MW in Kenya, 35 MW in Ethiopia, 30 MW in Ghana and 15 MW in Nigeria, representing total investment of $ 600 million.
Advance the Power Africa goal of providing access to clean, reliable energy in East Africa, by setting up 200 MW of generation capacity via several solar power plants - 70 MW in Tanzania, 50 MW in Kenya, 35 MW in Ethiopia, 30 MW in Ghana and 15 MW in Nigeria, representing total investment of $ 600 million.
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The joint team of validators from UNFCC and The World Bank have completed the due diligence on our 5MW Kigoma Power Plant. The plant will save approximately 10,500 tons of CO2 every year. The National Environment Management Council (NEMC), has awarded the Environment Impact Assessment Clearance Certificate for our 5MW Kigoma solar power project.
The Carbon Finance Team from The World Bank along with Validators from UNFCCC have just returned from in Kigoma after completing their due diligence on our project. The Kigoma 5MW Solar Power Project has been selected to pilot the CDM PoA Green Generation program for Tanzania developed by The World Bank.
The Overseas Private Investment Corporation (OPIC) is the U.S. Government's development finance institution. It mobilizes private capital to help solve critical development challenges and in doing so, advances U.S. foreign policy. Because OPIC works with the private sector, it helps U.S. businesses gain footholds in emerging markets, catalyzing revenues, jobs and growth opportunities both at home and abroad.
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