Archive For November 29, 2016

GE signs MoU to build 500 MW of solar parks in Nigeria

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GE signs MoU to build 500 MW of solar parks in Nigeria

November 29, 2016 by Plamena Tisheva Originally published on SeeNews General Electric Co (NYSE:GE) has signed a memorandum of understanding (MoU) in Nigeria to build five solar power plants with an expected capacity of 100 MW each in the north part of the country. The MoU was signed in Abuja on Monday between the Northern…

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Renewable Energy Association of Nigeria – launched

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Renewable Energy Association of Nigeria – launched

November 25, 2016 by Editor Originally published on esi africa At a recently ended power forum, industry leaders witnessed the launch of the Renewable Energy Association of Nigeria, which will aid the country’s 2030 energy mix. On Thursday, the Renewable Energy Association of Nigeria (REAN) was launched at the annual West African Power Industry Convention…

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40MW Kashimbilla hydro project for completion soon

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40MW Kashimbilla hydro project for completion soon

November 22, 201612 by Chris Ochayi Originally published on Vanguard Federal Government has assured of its readiness to make adequate budgetary provisions towards ensuring speedy completion of the 40 megawatts Kashimbilla Hydro power project in Taraba State. Minister of Power, Works and Housing, Mr. Babatunde Fashola, said during a working visit to the project site…

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Solar street lighting market to hit $15bn by 2024 – Survey

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Solar street lighting market to hit $15bn by 2024 – Survey

November 22, 2016 by Ediri Ejoh Originally published on Vanguard Solar Street Lighting Market size is expected to exceed $15 billion by 2024. According to a new research report by Global Market Insights Incorporated rapid depleting fossil fuel with the correction in petroleum products prices over the forecast period is anticipated to fuel the need…

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Cold Hub introduces solar-powered storage facility to empower Nigerian entrepreneurs

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Cold Hub introduces solar-powered storage facility to empower Nigerian entrepreneurs

November 17, 2016 by Editor Originally published on Vanguard To ensure a greater part of the country’s farm yield does not get wasted due to challenges emanating from either erratic power supply or storage facilities reliant on power, Nigerian Cold Hub company has developed a solar-powered food storage design, Cold Hub, to empower small, medium…

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Nigeria Targets 30 GW On-grid Power Capacity By 2030

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Nigeria Targets 30 GW On-grid Power Capacity By 2030

November 17, 2016 by Editor Originally published on Leadership Worried by the epileptic power supply in the country, President Muhammadu Buhari, has announced plans to increase Nigeria’s on-grid power capacity to 30 Giga Watts by 2030 from the current level of about 5 Giga Watts adding that 30 per cent of the capacity would be…

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Federal Govt Plans 45% Power Generation With Renewable Energy

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Federal Govt Plans 45% Power Generation With Renewable Energy

November 16, 2016 by Editor Originally published on Spark The Federal government has released a new energy policy document which projects a diversified electricity grid of 10,325mw by 2019, and 45 percent renewable energy grid contribution by the year 2030. According to the officials, the document had been ready since July 2016, as the Federal…

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North to get N183bn solar power plants

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North to get N183bn solar power plants

November 16, 2016 by Okechukwu Nnodim Originally published on Punch A consortium of German renewable energy companies led by Nigus has concluded plans with the Federal Government to build five solar power plants worth N183bn ($600m) in some North-Eastern states. According to the Nigerian Investment Promotion Council and the consortium, each of the solar power…

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Experts advocate small hydropower tech to improve electricity supply

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Experts advocate small hydropower tech to improve electricity supply

November 11, 2016 by Joke Falaju Originally published on Guardian   Experts at the ongoing Water Africa and West Africa Building and Construction Exhibition and Seminars have urged government to consider the adoption of small hydropower technology to improve power generation in the country. They maintained that since the focus of generating bulk power to…

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How recession affects Nigeria’s transition to renewable energy

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How recession affects Nigeria’s transition to renewable energy

November 15, 2016 by Bertram Nwannekanma Originally published on Guardian Inadequate financing triggered by recent economic recession was yesterday identified as a major constraint to Nigeria’s transition to renewable energy. Speakers at a seminar on “Start-ups in Renewable Energy”, organised by the Consulate-General of the Federal Republic of Germany, Lagos in conjunction with the Start-ups…

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