Alternative Energy

FG targets 10,000MW of electricity with 200 dams

Jan 22, 2014

The Federal Government has said it is currently building over 200 new dams in order to achieve its target of 10,000 megawatts of electricity at the end of this year. Vice-President Namadi Sambo stated this on Tuesday while granting an audience to the management of a Japanese company, Marubeni Corporation, at the Presidential Villa, Abuja.…

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Renewables: Exploring geothermal for electrification

Jan 21, 2014

Nigeria has come of age in terms of promoting the exploration of clean and renewable energy to serve as compliment to the national electricity grid. Experts believe this will further strengthen the development of Nigeria. Geothermal energy is the heat from the Earth, such energy is clean and sustainable. Resources of geothermal energy range from…

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Global clean energy investment fell for the second year running

Jan 16, 2014

Bloomberg New Energy Finance (BNEF) has released a report stating that despite increasing interest in and awareness of clean energy technologies, for the second year in a row global investment in renewable energy has fallen. Last year it was down to $253 billion, and in Europe it fell by a staggering 41% compared to the…

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World Bank to attract $100m clean technology fund for Nigeria

Jan 15, 2014

The World Bank in collaboration with the Federal Ministry of Environment is working to attract  a 100 million dollar clean technology fund to boost renewable energy in Nigeria. World Bank’s Lead Energy Specialist, Mr Erik Fernstrom, said this during an interview with the News Agency of Nigeria (NAN) in Abuja on Wednesday. Fernstrom said that…

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Expert makes case for commercial use of coal

Jan 15, 2014

An expert has made a strong case for the commercial exploitation and application of coal in the power and other sectors of Nigeria’s economy. The Vice-Chancellor and Distinguished Professor of Environmental Engineering & Science of the Botswana International University of Science and Technology, BIUST, Palapye, Botswana, Prof. Hilary Inyang stated in an interview that, “Unless…

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Jonathan flags off ‘light up rural Nigeria’ project

Jan 14, 2014

President Goodluck Jonathan yesterday flagged off the light up rural Nigeria project with the official commissioning of the solar power project in Durumi community, Bwari Area council in Abuja, with over 1,000 homes as beneficiaries. The light up rural Nigeria is an initiative of the ministry of power planned for the post- privatisation period and…

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Ebonyi biomass turbine project to cost N2.3bn

Jan 10, 2014

The five megawatts Ebonyi biomass gas turbine project being executed in collaboration with the United Nations Industrial Development Organization (UNIDO) is to gulp $15 million (about N2.3 billion) an official has said. Chief Ben Okah, the Commissioner for Public Utilities, told the News Agency of Nigeria (NAN) in Abakaliki Wednesday, that it was one of…

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Whither N66.6m Solid Minerals Devt Fund?

Jan 9, 2014

The establishment of the Solid Minerals Development Fund (SDMF) in 2013 revived optimism in the development of the solid minerals sector until stakeholders began to complain that the fund was only in name. Ruth Tene Natsa writes on the implications Stakeholders in the solid minerals sector are of the view that the low budgetary allocation…

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Researchers strategise to convert unwanted carbon dioxide into electricity

Jan 8, 2014

Researchers are developing a new kind of geothermal power plant that will lock away unwanted carbon dioxide (CO2) underground – and use it as a tool to boost electric power generation by at least 10 times compared to existing geothermal energy approaches. The technology to implement this design already exists in different industries, so the…

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Expert urges govt to enact energy-saving law

Jan 8, 2014

Against the backdrop of Nigeria’s epileptic power supply, the Federal Government has been urged to enact a law to checkmate wastage of electricity resources through power saving technology. This suggestion was made by the Nigerian coordinator of the 20th World Hydrogen Energy conference (WHEC 2014) symposium, Prince Adekola Okedele, while briefing newsmen in Lagos. Okedele,…

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