Category: Alternative & Renewable Energy
Zambia targets 200 MW of solar power to reduce hydro dependency
Zambia is seeking proposals from potential developers of solar power projects with a combined 200 megawatt (MW) capacity as it tries to diversify its energy mix away from hydroelectric power. Energy Minister Matthew Nkhuwa said in a statement at an investment conference on Tuesday that the 200 MW would be split into small projects, each…
Developing nations driving clean energy investment
By Darrell Proctor A new study from BloombergNEF (BNEF) says developing countries lead the way on new investments in clean energy, with those nations taking advantage of lower project costs for solar and wind power as they move away from fossil fuel-powered generation. Today’s report, from a survey by BNEF’s annual Climatescope project, says “emerging…
A unique play in solar
By Martin Tillier Usually, when a stock has jumped around fifty per cent in five months and twenty per cent in just the last week or so, I am looking to sell. The market tends to overdo moves like that and it is reasonable to assume at that point that you have missed most of…
Experts urge African countries on nuclear power development
Nuclear technology experts on Friday urged African countries to accelerate development of Nuclear Power Plants (NPP) and other technologies to reduce energy deficit and speed up development of the continent. The experts made the call in an interview with the News Agency of Nigerian (NAN) in Tomsk, Russia. They said it was cheery, African countries…
UK solar energy policy could see some radical changes
By Tsvetana Paraskova The UK’s Business, Energy and Industrial Strategy Minister Claire Perry said on Tuesday that “solar power should not be provided to the grid for free,” signaling that the UK government may introduce changes to its plans to end the generation tariff and the route to market tariff, the so-called export tariff, for…
COP-24: Towards achieving better bargain for Nigeria
Since the adoption of a global agreement on the reduction of climate change, popularly called ‘Paris Agreement’ at the 21st annual session of the Conference of Parties (COP) to the 1992 United Nations Framework Convention on Climate Change (UNFCCC), in December 2015 in Paris, France. Negotiators have been struggling with the aim of setting in…
Volkswagen votes $50b on electric cars
German auto giant, Volkswagen said Friday that it will invest 44 billion euros by 2023 in the smarter, greener cars of the future as it ramps up efforts to shake off the “dieselgate” emissions cheating scandal. The News Agency of Nigeria (NAN) has reported. Over the coming five years, VW said it aims to spend…
Experts advocate ‘Eco Innovation Fair’ at Pre-COP24 Dialogue
By Oke Peter Climate change experts have called for the establishment of ‘Eco Innovation Fair’ aimed at generating supports and ideas that will help in tackling climate change in Nigeria. The call was made at the 2018 Pre-Conference of Parties Dialogue (PRE-COP24) organised by the Centre for Agriculture and Climate Change (CACC) and the United…
Senegal solar project wins Phanes Group’s second solar incubator
An international end-to-end solar provider headquartered in Dubai, UAE, Phanes Group, has announced Mr Mbaye Hadj and his Gossas Solar Farm Project (30 MW) as the winner of the second edition of its solar incubator. The announcement was made at the “Unlocking Solar Capital: Africa” conference in Kigali, Rwanda, where three finalists presented their proposal…
United States nuclear plant closures ‘ll raise emissions —Scientists
By Tsvetana Paraskova As many nuclear power plants in the United States risk closure before their operating licenses expire, earlier shutdowns will not threaten the reliability of US electricity, but could result in more emissions because zero-emission nuclear power will likely be replaced by fossil fuels such as natural gas and coal, the Union of…