Coscharis Technologies Unveils $4bn Renewable Energy Project to Transform Nigeria's Power Sector

Coscharis Technologies announces a $4bn renewable energy project, the largest in West Africa, to revolutionize Nigeria’s power sector, focusing on solar energy and sustainability.

Coscharis Technologies Limited, a subsidiary of the Coscharis Group, has announced its plan to execute a $4 billion renewable energy project aimed at revolutionizing Nigeria’s power sector. This project, the largest green energy initiative in West Africa, will focus primarily on solar power to reduce Nigeria’s reliance on fossil fuels and contribute to global climate goals.

Dr. Sunday Mukoro, Managing Director of Coscharis Technologies, highlighted that the project will deliver clean, solar-powered energy solutions, promoting both environmental sustainability and energy independence for Nigeria. He emphasized its role in addressing the country’s energy infrastructure challenges while mitigating climate change.

The project will also provide financial support to Nigerian entrepreneurs and businesses, allowing them to overcome power challenges and grow. Initially, the focus will be on government entities, banks, manufacturing firms, and SMEs, with plans to extend benefits to individuals and residential communities.

The initiative was finalized in Delhi, India, aligning with Nigeria’s commitment to sustainable development. Coscharis Technologies aims to collaborate with international partners and local communities to ensure a responsible and effective implementation of the project.