Alternative Energy

Osun, French firm seal N6.15bn solar power plant deal

Mar 3, 2014

The Osun State Government has sealed an agreement with a French company, Vergnet Group, for the construction of a 13-megawatt solar power plant. According to the Memorandum of Understanding, the plant will be located in Osogbo and the project will gulp the sum of ¤29m (about N6.15bn). The MoU was signed in Abuja by the…

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Large-scale integration of renewables not costly – IEA

Feb 27, 2014

A new study released by the International Energy Agency concludes that the large-scale adoption of renewable energy technologies like solar and wind can come at “little additional cost in the long term.” Solar PV and wind could generate 30% of a given market’s electricity generation without significant economic disruption. The IEA notes that much depends…

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NEITI seeks end to over-dependence on oil, gas

Feb 27, 2014

The Nigerian Extraction Industries Transparency Initiative (NEITI) has called on state governments to co-operate with it on the issues of sub-national reporting and domestication of NEITI process and principles in order to establish the right investment climate required for attracting the much needed Foreign Direct Investment (FDI) to the solid mineral sector. Speaking yesterday at…

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Nebo assures investors of sustained efforts on coal energy

Feb 26, 2014

The Federal Government has assured Nigerians and potential investors of its commitment to the coal-to-power initiative, aimed at utilizing the abundant coal reserves that spread across nine states in Nigeria. The Minister of Power, Prof. Chinedu Nebo gave the assurance at the weekend, while receiving the ETA Zuma Group at the ministry’s headquarters in Abuja.…

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Sada stresses need to reposition mining sector

Feb 25, 2014

The Minister of Mines and Steel Development, Mohammed Sada, has enjoined the Governing Board of the National Metallurgical Development Centre (NMDC), Jos  to reposition the sector through policies and programmes that make impacts. Speaking at the inauguration of the board, Sada urged members of the board to make sacrifices and be dedicated towards fast-tracking development…

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‘Nigeria can save $85m yearly from energy technology’

Feb 24, 2014

The Chairman, Nigerian National Committee on International Electrotechnical Commission (IEC), Dr. Afolabi Esan has said that Nigeria would be saving about $85 million yearly if it embraces the global change. Already, there are ongoing campaigns on the need for Nigerians to adopt energy conservation measures by using efficient, environmental-friendly and durable lighting. Besides, to ensure…

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EU supports energy and reforestation in Nigeria with N6b

Feb 21, 2014

The European Union[EU] and Nigeria on Thursday signed a financing agreement of N6billion[27m Euros] to improve access to modern and sustainable energy sources in Nigeria, through the Energising Access  to Sustainable Energy[EASE] programme. At the signing of the agreement in Abuja, the Ambassador of the European Union to Nigeria and ECOWAS, Michel Arrion, said the…

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40,000mw power generation by 2020 realisable with the use of alternative energy, says FG

Feb 21, 2014

The Federal Government has assured that the target of power generation peaking at40,000mw by year 2020 would be realised, with the expectation of more capacities from Mambilla, Zungeru large hydros, grid power from solar, wind and coal-to-power initiative. Permanent Secretary, Ministry of Power, Amb. Godknows Igali, gave the assurance while playing host to the team of…

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Why Nigeria is yet to adopt coal as power source –Nebo

Feb 20, 2014

Nigeria is yet to embrace the use of coal to generate power because it has not been determined if the commodity is abundant  in the country, the Minister of Power Prof. Chinedu has said. Nebo, who spoke at the 7th Annual Conference of the Nigerian Association for Energy Economics (NAEE) in Abuja, on Monday, noted…

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GE-Power Africa off-grid electrification project takes off

Feb 19, 2014

The GE Africa-USADF Power Africa Off-Grid Energy Challenge is beginning to yield dividends as one of the winners of the inaugural contest; Green Village Electricity Project (GVE-P) recently completed the pilot phase of its off-grid community electrification project in Egbeke community in Rivers State. The project currently produces about 6 KW of solar powered electricity, which it…

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