Solar energy company KarmSolar secures US$2.39m funding for its battery storage system
With industry standards hovering around 30%, this project is regarded as a cutting-edge renewable energy initiative and innovation.
Month: October 2022
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Nigeria can reach 100% renewable energy by 2060 and cut energy costs by 74% in the process —Report
However, delivering on this ambitious plan will require enormous investments, estimated at $18.7 Billion until 2030 and $425 Billion until 2060.
Sahara Group School of Innovation and Extrapreneurship breaks ground at UNILAG
Gray said the Sahara School of Innovation and Extrapreneurship would be open to young people desirous of making a difference and birthing solutions to future challenges today, with emphasis on areas such as the future of energy, entrepreneurship, data science, digital arts and culture, artificial intelligence and robotics, and fintech, among others.
WAPP Board adopts working document, budget for 2023
Speaking during the session, the Chairman, Executive Board of WAPP, Engr. Dr. Sule Abdulaziz expressed satisfaction with the 2023 working document.
COP27 provides a once-in-a-generation opportunity to lay foundations for Africa’s clean energy future – finds Wärtsilä report
Pathways for Africa’s Energy Future,’ a report from the technology group Wärtsilä, provides power system modelling of three African countries, Nigeria, South Africa and Mozambique. It finds that they can leapfrog some developed nations by not embedding inflexible fossil fuel-based systems.
NLPGA to partner NLNG, NNPC for uninterrupted domestic LPG supply
NLNG’s Domestic Supply Intervention, according to Mr. Felix Ekundayo, President of the NLPGA, created the much-needed foundation for what has grown over 1000 per cent, from a 60,000MT market in 2007 into a 1.3MT market and is still growing. One of the most important hallmarks of the intervention the NLPGA president said is that it drastically reduced supply disruptions and birthed several indigenous companies in Nigeria’s LPG market.
Energy Worth Online’s Oke Peter wins Pascal Decroos Fellowship Award
His research work on “Nigeria: How faulty waste processing and polluted water endanger 200 million inhabitants” is among the winning entries selected by the organization recently.
Germans protest soaring cost of energy, others
German inflation in September hit its highest level in more than a quarter of a century at 10.9%, driven up by higher energy costs.
Shell resumes crude oil export at Forcados Terminal
The SPDC’s Media Relations Manager, Mrs Abimbola Essien-Nelson, confirmed to news agency on Friday in Lagos. SPDC had said that the Forcados Oil Terminal would resume export operations by the end of October, when the ongoing essential repairs would have been completed.
Our most-valued crude oil customers and gas buyers now competing with us —FG
It also stated that international oil companies were massively shifting focus to alternative fuels, as the threat posed by the push for renewables was seriously gaining momentum.