Tag Archives: Solar

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Science & Technology Ministry Targets 2000 MW of Electricity in 2017

Science & Technology Ministry Targets 2000 MW of Electricity in 2017

The Ministry of Science and Technology says it has perfected plans to generate at least 2000 mega watts of electricity via solar energy. The Minister of Science and Technology, Dr. Ogbonnaya Onu, disclosed this on Monday at a world press conference to brief the media on the outcome of his tour to the seventh general assembly of the International

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Nigeria Secures Norwegian Solar Investment

Norwegian solar power producer Scatec Solar has partnered with infrastructure fund Africa50 and Norway’s investment fund Norfund to develop a US$150mn solar plant in Nigeria. A joint development agreement (JDA) between the three parties will secure an estimated US$150mn investment into the 100MW Nova Scotia power plant, which will be built in Jigawa in northern

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Bill Gates Commends the Impact of African Solar Power Startups

In Nigeria, the startup sector has witnessed the rise of several solar entrepreneurs of which many have been able to generate large funding from local and international investors. Late last year, eight African solar startups earned $4 million from the United States Agency for International Development (USAID). Africa’s growth in the solar sector has been

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The Nigerian Power Sector Investment Opportunities and Guidelines (Draft), 2016

This document, produced by the Nigerian Ministry of Power, gives a step-by-step guide to investors looking to come into any portion of the Nigerian Electricity Supply Industry. The document recognizes that the sector currently suffers from an over dependence on gas and therefore sets out to encourage a more diverse energy mix in a bid

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Solar Developer to Drive Renewables in Nigeria

Three solar power plant developments are set to drive the Nigerian government’s target of 75% of the nation’s citizens gaining access to electricity by 2020 International solar developer, Phanes Group announced last week that it has acquired, and will co-develop, three 100MW grid-connected solar PV plants in Nigeria. According to a company statement the projects

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Oyo Government Partners China on Solar Energy Supply

Erratic power supply in Oyo State may soon be a thing of the past as the Governor Abiola Ajimobi-led administration has collaborated with a Chinese company, China Polaris Group, to set up a solar system that will serve Ibadan metropolis. This was part of the promises made by the Chinese Company during the ground breaking

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As UI Becomes Private Energy Producer

Two exciting historical milestones unfurled recently at the nation’s premier university -University of Ibadan (UI), which deserve and require the attention of all stakeholders in higher education in this country and beyond so as to support the momentum of development. First, UI which is the first as well as the flagship of post-graduate studies in

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