Solar-Powered Connectivity: Clear Blue and Hotspot Unite for Nigeria’s Telecom Expansion
Solar-Powered Connectivity: Clear Blue and Hotspot Unite for Nigeria’s Telecom Expansion
Clear Blue, Hotspot, and partners will deploy 312 solar-powered telecom sites in Nigeria, enhancing connectivity while reducing costs and environmental impact.
Clear Blue Technologies International Inc. the Smart Power Company, today announces that Hotspot (the leading telecommunications service provider in Nigeria) has signed a Memorandum of Understanding with a Clear Blue led consortium, including partners Empower New Energy and Netis, to deploy 312 solar powered telecom sites across Nigeria. The deal is subject to final contract negotiations and signatures and the rollout is targeted for the end of 2025.
The consortium brings a group of expert skills and capabilities to quickly design, build and then operate the telecom network, solar power and tower sites:
- Hotspot is a leader in building active telecom networks and services across Nigeria.
- Clear Blue Technologies is the leader in providing highly reliable, low-cost Smart solar power for telecom infrastructure. With Clear Blue’s industry leading and patented Illumience Smart Power, and its ongoing service management, telecom services are delivered with maximum service levels and uptime, at the lowest Capex and Opex in the market.
- Empower New Energy is a leading provider of clean energy project financing across Africa. With its entrepreneurial business and execution model, it is a perfect financing partner for the project.
- Netis specializes in operating and managing telecom infrastructure and brings strong abilities to deliver the installation, operations, and maintenance services.
As everyone active in the telecom market in Africa is aware, it is a difficult operating environment with challenging Total Cost of Ownership (TCO) targets. And yet, it is probably the largest untapped telecom market in the world with significant growth potential. Clear Blue brings an innovative technology and service capability which, together with an innovative business model and structure, enables us to deploy and operate these sites while meeting stringent service and TCO targets.
– Morenikeji Aniye, CEO, Hotspot
After having worked with Clear Blue on multiple projects, we are defining a speedy and unique model of partnership between the Smart Power provider and the financier. Together, we are able to deliver unparalleled value and flexibility in project structure and contracts to bring a financing model that will work for developers such as Hotspot.
– Terje Osmundsen, CEO, Empower New Energy
We are thrilled to partner with Clear Blue and Empower and to support Hotspot in their aggressive growth plans.
– Hatim Zougary, Chief Business Development Officer, Netis
The partners in this project bring together a very strong set of skills and an ability to execute that will ensure success for this project and hopefully many more phases to come. We are thrilled to have been chosen by Hotspot for this project which will bring connectivity to millions across Nigeria.
– Miriam Tuerk, CEO, Clear Blue