Alternative Energy

FG turns to renewable energy for rural electrification

Oct 18, 2013

The Minister of Power Professor, Chinedu Nebo has disclosed Federal Government’s plan to stimulate development of renewable and alternative energy for rural electrification and farm clusters. Nebo, who made the disclosure in Abuja yesterday, at the 4th Nigerian Alternative Energy Expo ,NAEE 2013, organised by BKG Exhibitions in collaboration with the Federal Ministry of Power,…

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Genus Power partners Simba Group on alternative energy solutions

Oct 17, 2013

In a bid to grow the alternative power business in Nigeria, Simba Industries Limited, a division of Simba Group, has partnered with Genus Power Infrastructures Limited, a public listed company in India, to distribute and service the firm’s products in Nigeria. Arun Saxena, vice president, international business, Genus Power Infrastructures Limited, said the company offers…

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Saudi Arabia to join US as shale gas producer

Oct 17, 2013

OPEC heavyweight Saudi Arabia is preparing to be among the first countries outside North America to use shale gas for power generation and thereby save more of its crude oil for lucrative exports. Inspired by a shale gas boom in the United States, which has transformed the country from the world’s largest gas importer to…

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Shale gas to take longer to develop than expected – Shell CEO

Oct 17, 2013

Royal Dutch Shell CEO Peter Voser said it will take a longer time than expected for the company to reap benefits from its shale gas projects due to poor short-term results. Weak U.S. shale liquids production contributed to a $2.2 billion charge Shell revealed in August and was a key factor in its decision to…

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Mantrac introduces gas-powered generators as cleaner energy alternative

Oct 16, 2013

To promote a cleaner energy alternatives and make the environment friendlier, Mantrac Nigeria Limited, the authorized caterpillar dealer in the country, has introduced gas-powered generators to the business community in Nigeria. Speaking at the presentation seminar in Lagos, the Segment Manager, Gas Large Projects, Mantrac, Mr Mohamed AbouWafa said Caterpillar and Mantrac have invested aggressively…

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SON meets electrical dealers over substandard bulbs

Oct 16, 2013

Standards Organisation of Nigeria (SON) will be meeting with the Electrical Dealers Association of Nigeria and the General Electrical Dealers Association at the Alaba International Market in Lagos on Saturday.Dr. Joseph Ikem Odumodu, Director-General SON, told Vanguard on Tuesday, that the purpose of the meeting is to sensitise the stakeholders on “The effect of substandard…

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Coal to surpass oil as key fuel of the global economy

Oct 16, 2013

Coal will surpass oil as the key fuel for the global economy by 2020 despite government efforts to reduce carbon emissions, energy consultancy firm Wood Mackenzie said on Monday. Rising demand in China and India will push coal past oil as the two Asian powerhouses will need to rely on the comparatively cheaper fuel to…

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IEA says coal is still the fuel of choice

Oct 16, 2013

Two years ago, Saudi Arabia started mulling the prospects of shale natural gas as it faced the possibility of running short on energy supplies. The largest oil exporter in the world said it’s now ready to replicate the shale gas success in the United States and use its own unconventional reserves to keep the lights…

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US firm to finance 350MW Gurara Hydro Dam in Niger

Oct 14, 2013

A United States-based company, Transatlantic Investment and Development Company (TIDC), at the weekend said it had concluded arrangements to finance the construction of the Gurara multipurpose dam project also known as Gurara II in Niger State. TIDC stated this through its legal adviser, Mr. Bem Atetan, in Abuja that the project financing commitment was a…

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Nigeria’s Lagos set to turn vast trash into scarce power

Oct 13, 2013

One thing Nigeria’s megacity of Lagos, one of the world’s largest, generates in abundance is trash. Now it plans to turn that rubbish into electricity which the city desperately lacks. The equation is simple. In one day Africa’s sprawling metropolis of up to 21 million people, according to official estimates, produces more than 10,000 tonnes…

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