Shell Nigeria and its impact investment firm, All On, have signed a $395,000 contract with Ceesolar Energy for a renewable energy project in the Owegorah community, Bayelsa State. The grant will provide electricity for 430 connections, benefiting around 2,000 residents. This initiative will significantly address Nigeria’s energy challenges.
Here are ten facts from the deal:
Transformational Solar Project: The project will establish a mini-grid that provides up to 430 new connections for the Owegorah community, serving residential and productive needs.
Addressing Power Shortages: Owegorah has long struggled with inconsistent power supply, like many communities in the Niger Delta. This initiative will enhance the energy landscape and improve daily life for over 2,000 residents.
Economic Upliftment: Reliable electricity will spur economic activities, support local businesses, and create new growth opportunities in the community.
Collaborative Effort: The project exemplifies the cooperative efforts of Shell and All On to promote sustainable energy solutions in underserved regions. Both entities are investing significantly in renewable energy infrastructure across the Niger Delta.
Rigorous Selection Process: Shell and All On selected Ceesolar Energy to execute the project following a thorough evaluation process, demonstrating their commitment to quality and sustainability.
All On’s Broader Mission: The project aligns with All On’s broader mission to support the development of renewable energy assets. Last year, the company backed 49 renewable energy projects, highlighting its ongoing dedication to enhancing energy access.
Enhancing Livelihoods: The new mini-grid will transform the quality of life in Owegorah by providing a stable and reliable power source crucial for everyday living and economic activities.
Future Opportunities: This project sets a precedent for future renewable energy grants in the Niger Delta. It signals opportunities for other developers to engage in similar impactful projects, leveraging rigorous selection and funding processes.
Commitment to Development: All On views the grant as more than financial support, seeing it as a testament to their shared commitment to sustainable development and community empowerment in the Niger Delta region.
Shell’s Ongoing Efforts: Shell integrates this project into a series of initiatives to improve energy access in the region, reaffirming its role in fostering development and enhancing living conditions through innovative energy solutions.
This initiative marks a pivotal moment for Owegorah, ushering in a new era of reliable electricity and economic advancement. As the project unfolds, it promises to make a lasting impact on the lives of its residents and serve as a model for similar communities across the Niger Delta.