Tuesday 11th May 2021
Tuesday, 11th of May 2021
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Tag Archives: Renewable energy

KEDCO, NSIA, Konexa sign MoU for $100m renewable energy solution

Kano Electricity Distribution Company

 Kano Electricity Distribution Company (KEDCO) has signed a Memorandum of Understanding (MoU) with Konexa, a foreign investor, for the generation, storage, and distribution of electricity. Kano Electricity Distribution Company head offices The MoU will see Konexa investing $100 million to, among other things, provide cutting-edge technology in deploying renewable energy. Pradeep Pursnani, Chief Executive Officer of Konexa who said this ...

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NNPC reiterates commitment to renewable energy project

Mele Kyari

The Nigerian National Petroleum Corporation (NNPC) has reiterated commitment to its partnership with the Government of Kebbi State on renewable energy projects. NNPC Group Managing Director, Mele Kyari The NNPC Group Managing Director, Mele Kyari, disclosed this in a statement by the corporation’s Spokesman, Dr Kennie Obateru, in Abuja on Thursday, April 8, 2021. Kyari spoke when he received the ...

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$530m AfDB funded scheme to expand renewable energy, regional connectivity in Angola

Akinwunmi Adesina

The African Development Bank (AfDB) has committed $530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids in Angola and allow for the distribution of clean energy between the two regions. AfDB president, Akinwunmi Adesina The north of Angola has a surplus of more than 1,000 ...

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Nigeria’s solar power initiative groundbreaking project – Osinbajo

Yemi Osinbajo

Vice President Yemi Osinbajo says that the five million homes solar installation plan under the Federal Government’s Economic Sustainability Plan (ESP) will be a game-changer in the renewable energy space. Vice President of Nigeria, Prof Yemi Osinbajo Osinbajo’s spokesman, Laolu Akande, in a statement on Thursday, February 25, 2021 in Abuja, said the vice president virtually engaged with stakeholders involved ...

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Solar energy, new king of global electricity markets – IEA chief

Fatih Birol

Solar energy has become the “new king’’ of the world’s electricity markets, as it has successfully withstood the COVID-19 crisis and is forecast to grow significantly over the coming years. Fatih Birol, Executive Director of the International Energy Agency (IEA) Head of the International Energy Agency (IEA), Fatih Birol, said on Wednesday, February 17, 2021. “There was only one energy ...

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Achieving 30% power supply from renewables by 2030: A rejoinder to Vice President

Professor Chukwumerije Okereke

In the past few days the Vice President, Prof. Yemi Osibanjo, has been reported by many news media as reaffirming the commitment that Nigeria will achieve at least 30% of its power supply from renewable energy by 2030. It is reported that he reinstated the commitment to this ambitious target while inaugurating a 1.12 MW Solar Hybrid Project at the ...

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Expert urges youths to promote nation’s renewable energy plans

Tesla-solar-Hawaii

Chief Executive Officer,  Solar Hi-tech, Mr Bamidele Awotunde, has advised Nigerian youths to be active proponents in promoting the nation’s renewable energy development plans as a way to move the country forward. Renewable energy: Solar panels Awotunde gave the advice on Wednesday, February 10, 2021 in an interview in Ado-Ekiti, the Ekiti State capital. According to him, Nigeria renewable energy ...

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Germany adopts new guidelines for renewable energies in transport sector

Svenja Schulze

At the suggestion of Environment Minister Svenja Schulze, the federal government of Germany on Wednesday, February 3, 2021 increased the share of renewable energies in the transport sector to 28 percent by 2030. This means that Germany goes well beyond the EU requirements of 14 percent. German Environment Minister, Svenja Schulze In addition to stronger incentives for green hydrogen, new ...

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Renewable energy described as critical driver of Africa’s post-COVID-19 growth recovery

UK Africa Investment Summit

Renewable energy will be a critical driver of Africa’s post-COVID-19 growth recovery and economic prosperity, panellists in a 2021 UK Africa Investment Summit event said on Wednesday, January 20, 2021, as they called for a stronger partnership between the United Kingdom and Africa. 2021 UK Africa Investment Summit The panel, themed “UK & Africa: Partnering in Sustainable and Resilient Infrastructure Development”, covered discussion ...

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Why world needs swift transition to sustainable energy – Espinosa

patricia espinosa

Whilst setting out key deliverables for the upcoming UN Climate Change Conference, COP26, at the end of this year, UNFCCC Executive Secretary Patricia Espinosa has underlined the critical importance of a swift transition to sustainable energy to tackle the global climate crisis. Patricia Espinosa, executive secretary of the UNFCCC According to the Intergovernmental Panel on Climate Change (IPCC), approximately two-thirds ...

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