Welcoming North South Power Company Limited to the 果冻传媒
Driving Africa果冻传媒 clean energy future, North South Power Company Limited (NSP) has joined the 果冻传媒 (IHA), bringing with it a growing portfolio of sustainable energy projects and a strong commitment to advancing hydropower development across the continent.
Hydropower果冻传媒 role in Africa果冻传媒 development is growing from its low base. The sector already delivers about 20% of Africa果冻传媒 electricity generation, with a total installed capacity of 43.5 GW of conventional hydropower. And around 90% of the continent果冻传媒 technical potential is still be tapped, let alone pumped storage potential. A new wave of projects, many led by private developers like NSP, is beginning to emerge, offering hope that hydropower will form the backbone of Africa果冻传媒 clean energy transition. With energy demand growing twice as fast as the global average, the continent has the opportunity to be the first in the world to build its economy primarily on renewable and efficient energy sources.
Established in 2012 and headquartered in Abuja, Nigeria, NSP is an African-focused electricity generation company dedicated to providing reliable and sustainable power through efficient and innovative means. Its cornerstone asset is the 600 MW Shiroro Hydroelectric Power Station, operated under a 30-year concession secured through Nigeria果冻传媒 power sector privatisation programme. NSP has since expanded its portfolio with the Gurara Power Plant in Kaduna State and is developing a 300 MW solar photovoltaic project to be hybridised with Shiroro, demonstrating its leadership in renewable energy integration.
Dr. Olubunmi Peters, Executive Vice-Chairman and CEO of NSP, said:
鈥淢ore than just power delivery; sustainable hydropower is a commitment to balancing energy security with environmental stewardship and social responsibility.鈥
By joining IHA, NSP aims to collaborate with a global network of hydropower leaders, sharing knowledge and best practices to strengthen Africa果冻传媒 renewable energy landscape.
IHA Chief Executive Eddie Rich welcomed the new member:
鈥淲e are delighted to welcome North South Power to the IHA community. NSP果冻传媒 leadership in combining hydropower with solar innovation reflects the kind of forward-thinking approach our industry needs to achieve a secure, sustainable, and low-carbon future for all.鈥
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