Nigeria wind power market insights and forecast to 2025 report released

Aug 6, 2020

Even as the wind power generation technology is now relatively advanced, the industry is reaching a stage of maturity in the key markets, with some other markets still evolving. In 2019, around 60.4 GW of new wind power capacity was added globally, making it the second-largest year in history and close to the largest year…

Read More

USTDA awards grant to support privately generated renewable energy in Nigeria

Aug 5, 2020

The U.S. Trade and Development Agency has awarded a grant to Abuja-based Konexa for a feasibility study that will evaluate Nigeria’s access to reliable, privately generated renewable electricity. The study will help Konexa enhance electricity distribution for residential, commercial and industrial customers in Kaduna state using U.S. technological solutions. “This project will support the development…

Read More

Weak oil outlook spurs investor interest in renewable energy tech

Aug 5, 2020

Even as the pandemic continues to drive down consumer spending and depress oil prices, investors are spending big on clean-tech companies. Shares are now near record highs, the latest sign that wind and solar are no longer fringe bets. Electric-carmaker Tesla Inc. has grabbed much of the attention with a 255% jump this year. But…

Read More

NNRA calls for upgrade of Nigeria’s nuclear safety laws

Aug 4, 2020

The Nigerian Nuclear Regulatory Authority (NNRA) has continued its consultations with the National Assembly to re-enact the Nuclear Safety, Security and Safeguards Act (NSSS) bill. Already, the agency has met with the Senate Joint Committee on Petroleum Resources (Upstream) and that of Science and Technology on the hearing on the bill. The bill seeks to…

Read More

ClearVue to provide solar windows for US energy innovation project

Aug 2, 2020

Australian smart building materials maker ClearVue Technologies Ltd (ASX:CPV) today said it will supply solar windows for a hotel development in the US, part of a bigger energy innovation project. The company has signed a memorandum of understanding (MoU) with Virtuality Venues LLC to supply its photovoltaic insulating glass units (PV-IGUs) and windows for parts…

Read More

REA, AfDB seek firm to conduct market study for NEP

Aug 2, 2020

The Federal Government of Nigeria (FGN) has received financing from the African Development Bank (AfDB) for the cost of the Nigeria Electrification Project (NEP). The Rural Electrification Agency, the implementation Agency of the FGN, intends to apply part of the proceeds of this loan to payment under the contract for the Consultancy Services to undertake…

Read More

Volkswagen says Nigeria must jump start automotive strategy, sees potential for EVs in SA

Jul 31, 2020

When German Chancellor Angela Merkel visited West Africa in August 2018, Volkswagen signed two memorandums of understanding, one with Ghana and one with Nigeria. The Ghana agreement bore fruit. Volkswagen started vehicle assembly in Accra’s North Industrial area in April. The company expects to produce about 5,000 vehicles every year, with plans to increase production…

Read More

FG signs MoU with Israeli firm on ethanol production

Jul 30, 2020

The Federal Government on Wednesday signed a Memorandum of Understanding with the DOR Group of Israel for the production of ethanol in Nigeria. Minister of Science and Technology, Ogbonnaya Onu, and his Minister of State, Mohammed Abdullahi, together with the ministry’s Permanent Secretary, Bello Umar, signed the MoU on behalf of the Federal Government. The…

Read More

Nigeria struggles to provide reliable electricity as EVs’ market expands

Jul 30, 2020

Electric vehicle sales have been forecast to make up a third of new cars sold globally in the next ten years as Nigeria struggles to provide reliable electricity for its exploding population. The world is on course to reach annual electric vehicles sales of 31.1 million by 2030, 10 million more than previously forecast, due…

Read More

Consortium to transform cassava peels into energy in rural Nigeria

Jul 29, 2020

Several companies and organisations have recently joined forces to recycle cassava waste in rural Nigeria. They will transform the peels of the tuber into electricity to supply farmers in rural areas. With an estimated annual production of close to 40 million tonnes, Nigeria is unquestionably the largest cassava producer on the African continent. The waste…

Read More