JinkoSolar signs 500MW distributed solar generation framework agreement with Fouani Group in Nigeria
JinkoSolar entered a 500MW framework agreement with Fouani Group to supply high-efficiency solar modules for distributed generation projects across Nigeria's commercial, industrial, and residential sectors. The collaboration targets the deployment of solar capacity to mitigate rising electricity costs and reduce diesel dependency, aligning with Nigeria's energy transformation goals. Fouani Group will act as the primary counterparty for project development and offtake under the framework, which covers multiple phases of distributed solar installations. The agreement positions JinkoSolar as a key supplier in Nigeria's growing distributed solar market, where diesel generators currently dominate backup power solutions. No financial terms or specific project timelines were disclosed in the announcement.
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