Saturday 25th May 2019
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Renewable Energy

Off-grid scheme underlines role of mini-hydro in Nepal

Micro-hydro2

As a follow up to the awareness campaign on rural energy for policymakers in Eastern Africa, held in Arusha, Tanzania in June last year, SmartVillages Initiative has launched a Smart Villages and Practical Action off-grid village energy workshop in Nepal. The Arusha workshop explored the East African/Tanzanian environment for village energy, local case studies, challenges and opportunities, with a view ...

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Sustainable energy: Ban Ki-moon seeks financial commitment

Ban Ki Moon

UN Secretary-General Ban Ki-moon on Wednesday in New York called on business leaders to expand investment in low-carbon growth and opportunities to advance sustainable energy for all and tackle climate change. He made this submission in a statement to The Future of Energy Summit 2015, organised by Bloomberg New Energy Finance. Noting that global investment in renewable power and fuels ...

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Divesting from fossil fuels: Way forward for Nigeria

Divesting from fossil fuels is the obvious direction the world is headed. Many powerful countries which dominate the world economy have been actively working on that. The United States and Europe are headed in that direction. As the technology for non-fossils are improved, this trend will become the dominant source of energy in the world. In the specific case of ...

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Observers pick holes in N9.2 billion clean stoves scheme

Cross Section of Participants

Stakeholders have expressed concern over the absence of a proper framework for the procurement and distribution of the clean cookstoves and strategy for engaging key investors in the proper implementation of the clean cookstove scheme. Furthermore, they are bothered about the proposed beneficiaries of the clean cookstoves (believed to be largely wives of state and local government officials), bringing to ...

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Denmark gets low-priced offshore wind turbines scheme

Offshore_wind_turbines

With a price of 10.31 Eurocent per kWh, the new offshore wind farm, Horns Rev 3, will provide power much cheaper than other recently established offshore wind farms in Denmark and abroad The winning tender for the wind farm Horns Rev 3 came from Vattenfall Vindkraft A/S who have agreed a price of 10.31 Eurocent per kWh. In comparison with ...

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Africa needs to move forward on renewable energy

africasolar

Diversification of Africa’s electricity sources by embarking on renewable energy solutions – such as solar, wind, geothermal and hydro power – is being heralded as a solution to the continent’s energy poverty. But although a number of countries are already reaping benefits from investment in renewables, there is concern that many of the countries are yet to exploit those resources. ...

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Renewables on the rise, says study

iceland-geothermal-power-plant

In the last couple of years, almost 22% of global electricity was produced from renewable sources, a study has revealed. It adds that renewables now account for over half of the world’s estimated 280GW of new installed electric capacity. Titled: “Renewables on the rise: A West African Energy Transformation” and published last November, the report reveals that the total global ...

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Welcoming Smart Villages Initiative to Africa

“Aid cannot achieve the end of poverty – ‘only homegrown development based on the dynamism of individuals and firms in free markets can do that.” – A former World Bank economist.   Electricity is development. It is something without which development is a mirage.  Very many African villages lack electricity because all African countries cannot provide this essential commodity for ...

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Lagos, Abuja roadshows open fresh vista for clean energy financing

Two Roadshows were held recently in Abuja and Lagos (on the 9th September and 11th September respectively), courtesy of the West Africa Forum for Clean Energy Financing (WAFCEF) to introduce project developers, prospective applicants and network members to the second cycle of clean energy financing projects. The forum was tagged “WAFCEF 2014”. The Roadshows provided opportunities for participants and potential ...

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Tony Elumelu: Heirs Holdings will generate a quarter of Nigeria’s power needs

Global business leader and chairman of Heirs Holdings, Tony Elumelu, has said that the group “has the ambition to generate at least a quarter of Nigeria’s power consumption needs in the next five years.” Heirs Holdings’ interests in the power sector include Transcorp Ughelli Power, a gas-fired, thermal power generating plant which was acquired under the privatisation of Nigeria’s power ...

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