Energy Worth with Agency Report The Nigeria Delta Development Commission (NDDC) has said that it has plan to generate 7,000 megawatts of electricity to improve power supply and boost economic activities in the region. The Managing Director of the NDDC, Mr NSIMA Ekere, disclosed this in a telephone interview with the News Agency of Nigeria…
Eight out of the 27 power plants in Nigeria were shut down on April 9, 2018, as a result of operational constraints that include gas, line and frequency management. Some of the power plants tripped due to low gas pressure while GT3 was shut down due to generator air inlet filter trouble. Data from the…
The Ghanaian government has set aside US $230m to promote the use of renewable energy in Ghana, particularly in off-grid communities across the country. According to the Deputy Director of Renewable Electricity at the Ministry of Energy, Seth Mahu, the funds will be available to the private sector to deploy over 35,000 systems in off-grid…
South Africa’s first biomass project under the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) has reached financial close. The 25MW Ngodwana Energy Biomass Project, was one of the 27 power purchase agreements (PPAs) under rounds 3.5 and 4 of the REIPPPP, signed by South African Energy Minister Jeff Radebe last week. Read more: Wind…
Stakeholders in Africa’s electricity market, on Friday launched the Africa Mini-grid Developers Association (AMDA), pledging to leverage the potentials of mini-grid renewable electricity sources to deliver power to at least 140 million Africans. AMDA which plans to be continent-wide with chapters currently in Kenya and Tanzania, and new ones expected to open in Nigeria –…
By Oke Peter The National Engineering and Technical Company Limited on Friday announced that its profit before tax for the 2017 financial year dropped by 34 per cent to N3.26bn when compared with the previous year. NETCO, a subsidiary of the Nigerian National Petroleum Corporation, stated that the PBT decreased by 34 per cent when…
By Oke Peter The Nigerian National Petroleum Corporation (NNPC) has said it will encourage initiatives targeted at enhancing Nigerian investors in the oil and gas sector. Group Managing Director, Maikanti Baru, said yesterday, that the national oil company would support engineering development to ensure technological advancement of the nations oil and gas industry. He disclosed…
SOME solar energy consumers on Wednesday, attributed the slow pace at embracing the technology to the high cost of installation materials. They told the News Agency of Nigeria (NAN) in Abuja, that the rising cost of PhotoVoltaic (PV) panels, inverters and batteries was a major challenge to the installation of the technology. According to them,…
ExxonMobil has announced that production of liquefied natural gas (LNG) has safely resumed at the PNG LNG project in Papua New Guinea following a temporary shutdown of operations after a severe earthquake occurred in the region on Feb. 26. LNG exports are expected to resume soon. One train is currently operating at the LNG plant…
In its 4th stint, the Nigeria Content Investment Forum (NCIF) powered by Sweetcrude Reports and The Guardian has captured a level of seriousness to engage with indigenous Nigerian small-medium enterprises and government officials to support local content in the “giant of Africa”. In 2017, the forum included participants and speakers from the Nigeria Content Development…
