Coscharis Technologies, the IT section of the multifaceted Coscharis Group run by Nigerian entrepreneur Cosmas Maduka, has announced a massive $4 billion green power program aimed at changing Nigeria’s power sector and driving the country toward energy independence.
The enormous project represents a significant step toward sustainability in Nigeria’s energy environment, aligning with global climate targets and supporting the shift to renewable energy sources, particularly solar.
Sunday Mukoro, Managing Director of Coscharis Technologies, stressed the project’s importance in meeting Nigeria’s urgent energy needs. “This initiative is designed to reduce our reliance on traditional energy sources by promoting solar solutions,” Mukoro told reporters. He also stated that the initiative is a huge step forward for Nigeria and West Africa in promoting renewable energy, catering to businesses of all kinds.
Initially, the effort will focus on vital sectors such as government organizations, commercial firms, and small and medium-sized enterprises (SMEs), with the goal of expanding access to residential areas. Mukoro stated that the project would have set repayment terms, ensuring a sustainable financial model for members.
Cosmas Maduka praised Mukoro and his team for their leadership on this groundbreaking endeavor. “This result confirms our commitment to provide value in every industry in which we participate. “The Coscharis Technologies team has proven that they are a formidable force in Nigeria and the Sub-Saharan market,” Maduka stated.
He highlighted that the project’s execution will prioritize environmental and social responsibility, with little involvement from the government or other stakeholders.
Coscharis Technologies is an authorized distributor for prominent IT brands such as HPE, Samsung, Huawei, and Honeywell. The company works with global heavyweights like Microsoft and Cisco to provide innovative technology solutions throughout Nigeria.
Coscharis Technologies, led by Cosmas Maduka, continues to address the different demands of its customers around the nation. With the financial support of the Coscharis Group, the company continues committed to pushing the boundaries of innovation in order to provide world-class IT solutions.
