Archive For April 27, 2017

Agreements signed for two solar plants in Nigeria

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Agreements signed for two solar plants in Nigeria

April 27, 2017 by Editor Originally published on Your Renewable news Government-backed wholesaler Nigeria Bulk Electricity Trading (NBET) has signed put call options agreements with two renewable energy developers for solar projects with collective capacity of 120 MW. NBET signed the agreement with Afrinergia Power, a Nigerian renewables developer for the construction of a 50-MW…

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USTDA backs 100MW Dangote Industries solar plant in Nigeria

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USTDA backs 100MW Dangote Industries solar plant in Nigeria

April 27, 2017 By Danielle Ola Originally published on PV Tech The grant will be used to conduct a competitive technical feasibility study to investigate the capacity and stability of Nigeria’s grid for the 100MW plant. The US Trade and Development Agency (USTDA) is backing the development of a 100MW solar plant in Kano State,…

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Access Power selects 50MW Nigeria solar plant as ACF financing winner

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Access Power selects 50MW Nigeria solar plant as ACF financing winner

April 24, 2017 By Danielle Ola Originally published on PV Tech The ACF is the first crowdsourcing origination platform of its kind in operation; designed to provide local project developers with the technical experience, expertise and funding required to bring their projects to life. Source: Access Power The ACF is the first crowdsourcing origination platform…

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InfraCo Africa to co-finance 50-MW solar project in Nigeria

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InfraCo Africa to co-finance 50-MW solar project in Nigeria

April 24, 2017 by Editor Originally published on Renewables Now InfraCo Africa will contribute USD 1.65 million (EUR 1.5m) to the financing of the 50-MWp Abiba Solar project in Nigeria, which is developed by Access Power and EREN Renewable Energy (EREN RE). InfraCo Africa, a company that mobilises private sector participation and investment, said last…

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Nigeria: Abiba solar to boost national grid

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Nigeria: Abiba solar to boost national grid

April 24, 2017 by Editor Originally published on Esi Africa Access Power’s subsidiary, Access Quaint Solar Nigeria Ltd, has secured a convertible loan agreement worth $1.25 million for the development of the Abiba solar project in Kaduna State, Nigeria. The project will include a ground-mounted 50MWp solar photovoltaic (PV) plant on a 150 ha site…

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Bizman Seeks Legislation On Solar Energy

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Bizman Seeks Legislation On Solar Energy

April 17, 2017 by Editor Originally published on The Tide A business consultant, Mr Cliff Odoh, has advocated for a legislation that would require new building plans to have solar energy components before being officially approved. Odoh who is the Managing Director, Odosson Solar Company, said by making such demand, the slow development of solar…

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Emirate Council Contemplates Alternative Power Supply – Emir

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Emirate Council Contemplates Alternative Power Supply – Emir

April 13, 2017 by Editor Originally Published on PM News The Bida Emirate Council says it is contemplating partnership with some investors to maximise the use of solar energy for steady supply of electricity in Bida and environs. The Emir of Bida, Alhaji Yahaya Abubakar, gave the indication at a news conference on Wednesday at…

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Association seeks zero per cent VAT on renewable energy products

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Association seeks zero per cent VAT on renewable energy products

April 4, 2017 by Kay Ugwuede Originally published on Business Day The Renewable Energy Association of Nigeria (REAN) has advocated the provision of a zero per cent Value Added Tax (VAT) on all Distributed Renewable Energy Products (DREP) in the country. REAN’s President, Segun Adaju, in a statement obtained by the News Agency of Nigeria(NAN)…

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