FG unveils guidelines for solar mini-grids deployment

Sep 18, 2020

The Federal Government yesterday unveiled the Solar Mini-Grid Inspection Guidelines to Support Standardised Procedures of the Nigerian Electricity Management Services Agency (NEMSA ). Speaking at the ceremony in Abuja, the Minister of State for Power, Goddy Jedy-Agba, urged the stakeholders to “ensure that this set of guidelines are reliable at all time-and widely for the…

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NDPHC to begin solar power projects in Katsina

Sep 18, 2020

The Niger Delta Power Holding Company (NDPHC), has stated that it is poised to commence solar power projects in Katsina and some other Northern States. Mr Chiedu Ugbo, the MD/ CEO of NDPHC, disclosed this while fielding questions from journalists at the end of a courtesy visit to his office in Abuja yesterday by the…

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Nigeria’s petroleum marketers call for urgent development of alternative energy sources

Sep 16, 2020

Marketers of petroleum products under the umbrella of Major Oil Marketers Association of Nigeria (MOMAN) have stressed the need to speed up the development of alternative energy sources like gas and solar, so that every Nigerian can have access to cheaper and cleaner energy. MOMAN also stated that the new federal government’s policy on alternative…

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Lumos secures $35m in financing to expand solar across Nigeria

Sep 16, 2020

African solar system provider Lumos has announced £35m in new financing from the US International Development Finance Corporation (DFC) to expand its existing market for clean and reliable solar power in Nigeria. The new funding will enable Lumos to produce 160,000 additional solar home systems to meet the ever-increasing demand from homes and businesses across…

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CBN launches solar intervention fund, fixes N500m maximum limit

Sep 15, 2020

The Central Bank of Nigeria has introduced a solar intervention fund that will offer obligors access to credit facility that will not exceed a maximum of N500m maximum, with the aim of providing affordable electricity to rural dwellers. The CBN disclosed this in a document on Monday entitled ‘Framework for implementation of the solar connection…

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Mainstream Energy refutes reports over damage to Kainji Dam, hydro power plant

Sep 15, 2020

The Management of Mainstream Energy Solutions Limited, operators of the Kainji and Jebba Hydro Power Plants said, that the facilities were intact and in full operations. The company was reacting to what it described as a “wicked rumour trending on social media” that Kainji Dam has burst its banks. According to a statement by Mr…

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Report released on the Nigerian energy market and its requirements to 2050

Sep 11, 2020

The “Nigeria Energy Requirements Forecasted to 2050” report has been added to ResearchAndMarkets.com’s offering. The scope of this report is the analysis and forecast of energy carriers in Nigeria. Energy is the facilitator of activity. This report focuses on the energy generated from all energy sources in the country, both primary and secondary and quantifies useful energy available for…

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SUNREF launches in Nigeria with €70m technical assistance facility for green energy projects

Sep 11, 2020

The Sustainable Use of Natural Resources and Energy Finance (SUNREF), a green financing line for businesses developed by the French Development Agency (AFD) is launching a technical assistance facility for the development of green energy projects in Nigeria with a €70 million grant funded by the AFD and the European Union Infrastructure Trust Fund (EU-ITF).…

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Notore’s solar-powered water project aids Bauchi community

Sep 10, 2020

Notore Chemical Industries Plc has donated a 40,000 litre solar-powered integrated water project to Kangare Community in Bauchi Local Government, Bauchi State. The project is a key part of the company’s corporate social responsibility (CSR) aimed at enhancing the wellbeing of farmers and communities in which it operates in Nigeria. The company will also sign…

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Nigerian firm introduces solar-powered refrigerators to empower SMEs

Sep 9, 2020

Koolboks Limited, a tech start-up, has unveiled solar-powered refrigeration system that is able to generate continuous cooling in the absence of power in its bid to empower small businesses and save consumers the disruptions caused by constant power outage. The product, KoolHome Freezer, is fitted with ice battery that stores energy in ice and works…

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