KVK Power Yabo Solar PV Park is a 55MW solar PV power project. It is planned in Sokoto, Nigeria. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024. Buy the profile here.
Description
The project is being developed by Phanes Group and is currently owned by KVK Power Nigeria with a stake of 100%.
KVK Power Yabo Solar PV Park is a ground-mounted solar project which is planned over 178 hectares.
The project cost is expected to be around $95.956m.
The solar power project consists of 60,000 modules, each with 250W nameplate capacity.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
Power purchase agreement
The power generated from the project will be sold to Nigerian Bulk Electricity Trading under a power purchase agreement from 2023. The offtake capacity is expected to be 55MW.
Contractors involved
China Gezhouba Group is expected to render engineering procurement construction services for the solar PV power project.
For more details on KVK Power Yabo Solar PV Park, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
