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
Nigeria’s apex bank has earmarked loan facilities of up to $1.3 million to provide energy in rural areas. However, in the broader context of Nigeria’s economic recovery plan, it raises a few questions
Diageo PLC, the UK based beverages producing company best known for such consumer staples as Guinness Stout, Johnny Walker Whiskey, Smirnoff Vodka and Ciroc eau-de-vie has announced a $219 million dollar investment in renewable energy resources across 11 of its 12 refineries in Africa. In addition to replacing oil-based machinery with more environmentally friendly alternatives…
Last week stories made the rounds that Tesla is coming to Nigeria with its Powerwall, they were proven untrue. Here is a possible explanation for those stories.
The Board of Directors of the African Development Bank Group has approved an equity investment of up to US$ 25 million in ARCH Africa Renewable Power Fund (ARPF) for renewable energy projects across Sub-Saharan Africa.
For three months, Alexandria’s electric buses went through an experiemental phase that was just recently concluded.
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…