Alternative Energy

Commodities trader Trafigura targets 2GW renewables portfolio by 2027

May 28, 2020

Singapore-based physical commodities trader Trafigura Group Pte Ltd intends to establish a renewable energy portfolio of 2,000 MW by 2027, according to a new corporate brochure. Presently, the company’s renewables pipeline amounts to 350 MW and it includes a 50-MW solar photovoltaic (PV) project in Mali. Trafigura is participating in the particular development through its…

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Starsight powers hospital in Ekiti state with solar to reduce COVID-19 testing time

May 27, 2020

Starsight, the leading Nigerian commercial and industrial solar power provider in Africa, announced today that it has successfully powered a hospital in Ekiti State, Nigeria. The new solar power system will allow the hospital to provide more rapid Covid-19 testing. The hospital, located in Ikole in Ekiti State, currently receives less than 8 hours of…

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The Covid-19 crisis is causing the biggest fall in global energy investment in history – IEA

May 27, 2020

The Covid-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new report released today. The unparalleled decline is staggering in both its…

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Nigeria’s renewable energy sector receives boost as FG reverses VAT imposition

May 26, 2020

Investors in Nigeria’s renewable energy sector can now heave a sigh of relief as the Federal Government of Nigeria recommends that eight imported items be exempted from value-added tax. This will boost economic activities in the sector and drive employment. Wind-powered generators, solar powered generators and solar cells whether or not in modules or made…

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Solar-powered automatic disinfection device made in Nigerian polytechnic

May 25, 2020

The Oko Federal Polytechnic School in Anambra, a state in southeastern Nigeria, has recently unveiled its new creation. It is a solar-powered automatic coronavirus disinfection machine. It will be used to control the spread of the pandemic within the institution and beyond. The Covid-19 is still prevalent in Nigeria despite the barrier measures enacted by…

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Google vows to stop building artificial intelligence tools for the hydrocarbon industry

May 24, 2020

The American giant Google has just announced that it is giving up developing new artificial intelligence solutions that will help the oil and gas industry to accelerate the production of fossil fuels. A statement that follows the publication by Greenpeace of a report which accuses the company as well as Microsoft and Amazon of having…

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Renewable energy should be at the heart of virus recovery plans – IEA

May 23, 2020

The agency, which had expected 2020 to be a bumper year for green energy, slashed its two-year forecast for growth in renewable capacity by nearly 10 per cent. The International Energy Agency on Wednesday called on governments to put clean energy at the heart of their coronavirus economic recovery plans, as it forecast the first…

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REA holds webinar for AfDB financed Nigeria Electrification Project Component II

May 22, 2020

The Rural Electrification Agency in collaboration with the Power Africa Nigeria Power Support Program and the African Development Bank (AfDB) and held a kick-off webinar on Tuesday, 19th May 2020, on Component II: Productive Use Appliances and Equipment in Off-Grid Communities of the AfDB-financed Nigeria Electrification Project. The webinar opened with remarks by the Managing…

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22 firms shortlisted for All On, USADF Off-Grid Energy Challenge

May 21, 2020

Twenty-two wholly Nigerian owned enterprises have been shortlisted for the 2020 USADF – All On Nigeria Off-Grid Energy Challenge says the Shell funded Nigerian impact investor All On in a release. The third edition of the annual challenge, which is in partnership with the United States African Development Foundation (USADF), will provide $50,000 in grant…

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Outlook bright for solar as Nigerian homeworkers powered up despite lockdown

May 21, 2020

In a hallway in Lagos, Gbemisola Olowokere taps contentedly on her laptop. The 23-year-old says the corner, underneath a sliver of window, has functioned well as a makeshift office since the coronavirus pandemic forced her to work from home. But things didn’t start well. “I had major problems,” Olowokere told Reuters. “I have deadlines and…

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