Renewable Energy
Using tech to enable the production of energy from sources such as wind, solar, biomass or hydropower, that can be constantly replenished. The sector is getting smarter with the use of apps, and IoT enabled devices.
Top stories
African Development Bank has approved $32.5 million for energy project across Africa
Ugandan solar energy company, SolarNow has raised a $9 million credit fund to expand depolyment of off-grid solar systems and appliances across Uganda
Eight months and hundreds of protests after the Nigerian Customs Services(NCS) increased import tariff on solar panels, nothing is changing. And this may adversely affect the renewable energy industry.
Besides its January investment, Rensource had secured a previous funding round of $1.1 million in 2016. Thus bringing the total investment raised in external funding since that time to $5.5 million.
Suleiman Yusuf, CEO of Blue Camel Energy Limited (a Kaduna-based renewable energy plant and academy), talks about the challenges of the renewable energy industry in Nigeria, and how they can be fixed.
On the 5th of April 2018, Nigeria’s first renewable energy academy and solar plant launched in Kaduna State. Blue Camel Renewable Energy Assembly Plant and Academy is located in Kakuri, a residential suburb in Kaduna South Local Government. On a recent visit to the plant for first hand experience, I notice how a now defunct…
In February and March this year, importers of solar panels suddenly discovered a new anomaly; the Nigerian Customs Services (NCS) was forcing them to pay between 5% and 10% import duty on solar panels. This was a new development contravening a federal government law that put zero percent import duties on solar panels to encourage…