Solar has been recommended for operators in many sectors of the economy as Nigeria continues to battle with epileptic power supply. In a statement sent to Vanguard, Arnergy solar power solution stated that its solar application will support entrepreneurship growth in Nigeria.
Are you familiar with solar energy? Is there anything else you want to know about solar energy? If this is the case, you should learn everything you can and have a good plan for moving forward. Read on to discover how to take advantage of solar energy market.
The number of solar panels to purchase, and its effectiveness has everything to do with the amount of energy your panels produce. You must do the math to figure out how many panels will be needed. It
DHAHRAN, Saudi Arabia
Elon Musk has agreed to build what is being hailed the “world
A Don, Prof. Adenike Boyo, on Wednesday said a shift from petroleum and other forms of energy generation to solar would address the menace of epileptic fuel and power supply in Nigeria. Solar power plant Boyo, a Professor of Physics, made the assertion while speaking with newsmen on the sidelines of the 65th Inaugural lecture of the Lagos State University (LASU), titled:
The Bayelsa Government says it will spend N407 million on training youths in solar energy this year. The state Commissioner for Youths Development, Mr Collins Cocodia, disclosed this on Friday in Yenagoa during the ongoing inter-ministerial briefing on Gov. Seriake Dickson six years in office.
The briefing, which started on Jan. 22, was part of activities to mark the governor
Just last week, an African based solar system startup, Off Grid Electric, raised $55 million in Series D round. This is one of the largest fundraising rounds ever and it was led by Helios Investment Partners, including GE Ventures, the venture capital subsidiary of General Electric Company.
A new World Bank report “Off-Grid Solar Market Trends Report 2018” recently released states that more than $500 million has been raised from investors in the past two years showing increasing interest and commitments in this sector. In 2017, the global off-grid solar (OGS) sector provided improved electricity access to an estimated 73 million households, or over 360 million, transforming lives that were previously reliant on kerosene and solid fuels for most of their lighting needs.
The Pay-As-You-Go (PAYGO) segment has been the main attraction of investors in Sub-Saharan Africa. From 2012 to 2017 PAYGO businesses raised USD 773 million, equal to ~85% of all funds raised. These investments are highly concentrated, with just four companies accounting for 67% of total PAYGO investments.
Here is a picture of PAYGO players by country, and geographic share of the PAYGO market
East Africa has accounted for over 80% of the decline in the number of people without access in Sub-Saharan Africa since 2012. And has been the result of three major factors:
Kano state government has handed over 150 hectares of land to Dangote Group for the development of $150m Dangote/Black Rhino solar power plant in Zakirai, Gabasawa local government area of the state.
Representative of Aliko Dangote, Managing Director Stakeholder Management Dangote Group, Alhaji Bello Danmusa received the land on behalf of the business mogul.
The handing over of the land was witnessed by the District Head of Gabasawa local government, Alhaji Abubakar Bello Bayero and Surveyor General of Kano state, Alhaji Dayyabu Dandikko Rogo respectively.
The land was for the provision of 100 megawatts of solar power plant and was expected to be completed within two years.
On his part, Alhaji Bayero thanked Aliko Dangote for the project, saying “It will enhance small businesses of women and youth for their empowerment and curb restiveness.”
It would be recalled that Kano state government and Dangote group had last year signed a Memorandum of Understanding for the provision of 100 megawatts of solar energy at the cost of $150m in Zakirai, Gabasawa local government area of the state.
While signing the agreement on behalf of Kano state, Secretary to the State Government, Alhaji Usman Alhaji said the move was geared towards increasing electricity supply and enhancing economic development of the state.
Alhaji said the state government had agreed to provide 150 hectares of land and other support towards successful completion of the project.
The Executive Director, Dangote Group, Engineer Mansur Ahmed said the project would be jointly funded by the company
President Donald Trump on Monday
A new movement has begun, with more than 300 companies coming together to lead the fight against climate change.
The need for a low-carbon future has become undeniable, a conclusion supported by the Paris Climate Agreement. The expansion of an unchanged energy system, with anything close to current levels of carbon-dioxide (CO2) intensity, would likely lead to global warming in excess of 4 degrees Celsius by the end of the century[1]