Compensation list from Taraba delays 3,050MW Mambilla hydropower project

Jul 24, 2020

The Federal Government is awaiting the comprehensive list of those who own the land where the 3,050 megawatts Mambilla Hydropower Plant is located to commence the payment of compensation. It was gathered in Abuja on Monday that while the Federal Government had made payments for survey works and sensitisation of the affected communities, it had…

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Oilfield services firms can replace lagging revenue by working on energy transition projects – Rystad

Jul 24, 2020

Hit by the Covid-19 downturn, the oilfield service market is not likely to rebound to last year’s activity level until 2023, according to a Rystad Energy analysis. However, suppliers could diversify some oil and gas capabilities and replace up to 40 per cent of 2019’s revenue by servicing the renewable markets, Rystad said. Rystad Energy…

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Musk sees bright future for Tesla solar & storage despite minor contributions now

Jul 23, 2020

Tesla Inc’s (NASDAQ:TSLA) solar and storage installations in the second quarter (Q2) of 2020 did not change much from a year earlier, but Elon Musk made it clear that he sees a very bright future for the business. The famous CEO told investors that Tesla Energy can grow to “roughly the same size as automotive”.…

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Nigeria to benefit from regional off-grid power project – World Bank

Jul 23, 2020

The Programme Manager, Lighting Africa/Nigeria, Allwell Nwankwo, has said Nigeria will benefit from the Lighting Africa-supported Regional Off-Grid Electrification Project, which aims to increase electricity access to households, businesses, and communities through modern off-grid electrification across Western Africa. The Lighting Africa programme is a joint initiative of the International Finance Corporation and the World Bank.…

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NNPC issues tender for solar inverter system

Jul 22, 2020

NNPC Retail Limited (NRL), a subsidiary of the Nigerian National Petroleum Corp. has issued an invitation to tender for the installation of a 20 KVA Solar-Inverter System. The system will be applied to critical equipment at NRL’s Head Office as an alternative power supply to the regular public power supply at NNPC Retail Head office.…

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Nigeria’s first commercial undergrid minigrid project successfully powers local community

Jul 21, 2020

RMI, IBEDC, and Nayo Tech, with support from the Nigerian Rural Electrification Agency (REA), joined forces to accelerate the commercial deployment of undergrid minigrid technology. The Mokoloki project demonstrates a financially viable business model that could provide electricity access to millions living in underserved rural communities throughout Nigeria. “We are delighted to witness strategic collaborations…

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Lack of funds, Covid-19 hindering Nigeria’s 60% rural electrification target

Jul 21, 2020

The Rural Electrification Project (REA) has said inadequate funding and the current covid-19 pandemic are affecting its target to electrify 60 percent of underserved rural communities in Nigeria. The Managing Director of the agency, Mr. Ahmad Salihijo, who spoke with PV magazine, an international news medium, said the need to adhere to due process may…

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UK could ban non-electric new car sales by 2030 – Shell

Jul 20, 2020

Royal Dutch Shell expects the UK can end the sale of gasoline and diesel vehicles in just a decade, as the nation attempts to eliminate emissions by the middle of the century. The ban can be brought forward to 2030 with “the right policy and incentives,” Sinead Lynch, the head of oil giant Shell’s operations…

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Global investment in new renewables rose 5% in H1 2020, despite COVID-19 – BNEF

Jul 18, 2020

The global investment in new renewable energy capacity, excluding large hydropower dams, stood at $132.4 billion in the first half (H1) of 2020, up 5 per cent from a revised $125.8 billion in the same period last year despite COVID-19, according to recent research by BloombergNEF (BNEF). It, however, added that onshore wind investment slipped…

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Africa’s largest solar-hybrid off-grid project in Kano boosted by AEG Power Solutions

Jul 17, 2020

AEG Power Solutions announced that Convert SC Flex storage converters are running successfully as the backbone of the hybrid off-grid power plant of the Bayero University Kano (BUK) in Nigeria. Inaugurated in 2019, the hybrid micro-grid of BUK is Africa’s largest off-grid solar hybrid power plant. The remote micro-grid totals 7.1 MW capacity, combining 3.5…

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