The report sees huge potential for solar panels in the future energy mix
The world is on an “unstoppable” shift towards renewable energy but the phase down of fossil fuels is not happening quickly enough, a new report says.
The partnership aims to address significant foreign exchange burdens and operational constraints, ultimately driving the adoption of solar energy in the country
A 100MW solar panel manufacturing plant translates to approximately 333,334 solar panels, assuming each panel has a capacity of around 300 watts under ideal conditions.
The competition is fierce and customers are price sensitive. It ultimately comes down to being able to provide one’s customers with security of supply, responsive service, and a full range of gases and delivery modes.
The ability of engine power plants to run on green hydrogen fuel rather than gas or heavy fuel oil will be a key enabler of Africa’s renewable energy ambitions.
With industry standards hovering around 30%, this project is regarded as a cutting-edge renewable energy initiative and innovation.
However, delivering on this ambitious plan will require enormous investments, estimated at $18.7 Billion until 2030 and $425 Billion until 2060.
Let’s not disabuse ourselves by saying that renewable energy is going to solve all our problems.
“The proposed partnership between the Chinese and Nigerian universities is expected to build and upgrade centres of excellence in renewable energy technologies which include green energy – solar, wind, hydro, bio-energy, energy efficiency and management,” it said.
While Kenya’s oil generation capabilities have been small to date, the country has made significant strides in terms of renewable energy – and further potential remains.
