Alternative Energy

Government to grow renewable energy contribution by 2,483MW in 2015

Sep 11, 2014

The federal government has said that it plans to add about 2,483 megawatts (MW) of electricity from renewable sources to Nigeria’s electricity grid by 2015. It explained that such growth plan was contained in the draft renewable energy and efficiency policy which the ministry of power currently promotes The Director of the Electrical Inspectorate Services…

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Total targets 1,000mw solar power project in Nigeria

Sep 9, 2014

French oil giant, Total targets to build solar power plants that will generate 1,000 megawatts in Nigeria as part of the company’s efforts to address the power supply challenges in the country. The Managing Director of Total Upstream Companies in Nigeria, Mrs. Elisabeth Proust told THISDAY in a recent interview that Total had decided to…

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Kainji, Jebba rehabilitation to gulp N72bn

Sep 9, 2014

Nigeria’s power supply capacity is expected to increase by 1,300 megawatts (MW) as Mainstream Energy Solution Limited and RusHydro International AG, has reached an agreement to commence the rehabilitation of Kainji and Jebba hydropower plants, worth $452 million, about N72.32 billion.  This is in furtherance of a five-year cooperation agreement, reached between Mainstream and RusHydro…

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Political uncertainty slows renewable energy growth – IEA

Sep 1, 2014

Growth of the renewable energy sector is under threat from policy uncertainty, the International Energy Agency warned last week.   Investment in clean sources of energy is a key plank of global efforts to cut carbon emissions and tackle climate change. Wind, solar and hydro and other renewables generated almost 22per cent of power worldwide…

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Nigeria targets 30% generation of electricity from coal by 2015 – Minister

Aug 28, 2014

The Minister of Mines and Steel Development, Mr. Musa Sada, has said that the federal government has targeted coal to contribute 30 per cent of power generation in the country by 2015. Sada told the News Agency of Nigeria  (NAN) in Abuja that the federal government was determined to address the country’s power challenge through…

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‘Solid minerals budget, worst among sectors’ – Lawmaker

Aug 27, 2014

The solid minerals sector will continue to lag behind because funds budgeted for it by government over the years have been grossly inadequate, federal lawmaker Isah Hassan has said. The lawmaker expressed shock at how some ‘small’ agencies have lobbied their way to get bloated budgets at the detriment of the solid minerals sector. Isah…

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Nigeria lags behind in renewable energy investment – Report

Aug 27, 2014

Nigeria’s commitment to renewable energy development has been assessed to be very insignificant to its pears in the continent, as the latest report on renewable excluded Nigeria among the top investment destinations in Africa for the alternative energy sources. Although, the Federal Government has continued to reiterate its commitment to developing renewable energy to surmount…

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NAPTIN, NERC differ on embedded power, renewable energy

Aug 26, 2014

Federal Government’s quest to tackle the perennial power shortages in the country may not be achieved soon, as two key organs of the government differ on embedded generation.  While the Director-General, National Power Training Institute of Nigeria, NAPTIN, Mr. Reuben Okeke, believes that renewable energy will not offer succor to effectively grow Nigeria’s economy, the…

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FG justifies renewed attention on renewable energy

Aug 26, 2014

The federal government has said that it is making priority investments in renewable sources of energy solely to improve Nigeria’s generation of clean energy. In addition to bridging the gap in the nation’s energy needs, the government also stated that renewable energy sources are receiving priority attention from due to its environmental advantages. The Minister…

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Nigeria’s largest coal power project to begin in 2015

Aug 21, 2014

The Chairman/CEO of the Zuma Energy Nigeria Limited (ZENL), Dr. Innocent Ozoemena Ezuma, has disclosed that the construction work for the 1,200 megawatts (mw) coal power plant in Itobe, Kogi State, will commence early next year. Dr. Ezuma who spoke with Daily Trust through telephone, said preparations were in top gear to finalise the pre-construction…

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