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The National Agency for Science and Engineering Infrastructure (NASENI) welcomes the endorsement of its solar-powered irrigation pumps by the National Economic Council (NEC) for nationwide rollout ahead of the 2025 dry-season farming, reports NaijaAgroNet.This landmark decision, taken at NEC’s 152nd meeting held at the Presidential Villa, Abuja on Thursday underscores the Council’s confidence in NASENI’s capacity to deliver homegrown, energy-efficient solutions that directly respond to Nigeria’s food security challenges.
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Showing posts with label Solar. Show all posts
Showing posts with label Solar. Show all posts
Monday, September 22, 2025
Thursday, January 25, 2018
Onshore wind power now affordable, solar to halve by 2020 - Study
The cost of generating power from
onshore wind has fallen by around a quarter since 2010, with solar PhotoVoltaic
(PV) electricity costs falling by 73 per cent in that time, according to new
cost analysis from the International Renewable Energy Agency (IRENA), reports NaijaAgroNet.
The IRENA study, NaijaAgroNet reports, highlighted
that solar PV costs are expected to halve by 2020, stressing that the best
onshore wind and solar PV projects could be delivering electricity for an
equivalent of USD 3 cents per kilowatt hour (kWh), or less within the next two
years.
Also, NaijaAgroNet reports that global
weighted average costs over the last 12 months for onshore wind and solar PV
now stand at USD 6 cents and USD 10 cents per kWh respectively, with
recent auction results suggesting future projects will significantly undercut
these averages.
According to the Executive Summary
of the study, onshore wind is now routinely commissioned for USD 4 cents per
kWh. The current cost spectrum for fossil fuel power generation ranges from
USD 5-17 cents per kWh.
The Director-General at IRENA, Adnan
Z. Amin, was quoted as saying, “This new dynamic signals a significant
shift in the energy paradigm. These cost declines across technologies are
unprecendented and representative of the degree to which renewable energy is
disrupting the global energy system."
The study, NaijaAgroNet gathered was recently released
on the first day of IRENA’s Eighth Assembly in Abu Dhabi on ‘Renewable Power Generation Costs in 2017’ highlights
that other forms of renewable power generation, such as bioenergy, geothermal
and hydropower projects in the last 12 months have competed head-to-head on
costs, with power from fossil fuels.
The findings, NaijaAgroNet reported, had noted
that by 2019, the best onshore wind and solar PV projects will be delivering
electricity for a USD 3 cents per kWh, significantly below the current cost of
power from fossil fuels.
NaijaAgroNet equally reports that for
IRENA, competitive procurement practices together with the emergence of a large
base of experienced medium-to-large project developers competing for global
market opportunities, are cited as new drivers of recent cost reductions, in
addition to continued technology advancements.
“Turning to renewables for new
power generation is not simply an environmentally conscious decision, it is now
– overwhelmingly – a smart economic one. Governments around the world are
recognizing this potential and forging ahead with low-carbon economic agendas
underpinned by renewables-based energy systems. We expect the transition to
gather further momentum, supporting jobs, growth, improved health, national
resilience and climate mitigation around the world in 2018 and beyond,” Amin said.
Further, NaijaAgroNet reports that IRENA
study underscored that auction results are signaling that offshore wind and
concentrating solar power projects commissioned in the period between 2020-22
will cost in the range of USD 6-10 cents per kWh, supporting accelerated
deployment globally.
“IRENA projects that all renewable
energy technologies will compete with fossils on price by 2020,” he said.
Isaac Oyimah/GEE
Sunday, November 26, 2017
Access Power, FMO open submission for $100,000 solar ‘Shark Tank’ Competition
The Dutch development bank, FMO
and Access Power, a leading
developer, owner and operator of power projects in emerging markets, have
jointly launched the 2018 FMO
Access Power Solar 'Shark Tank' Competition, seeking submissions for a
solar projects, while dangling US$100,000 grant, reports NaijaAgroNet.
The call for 2018 submission follows the successful completion
of the first installment in 2016 at the ‘Making Solar Bankable’ conference. The
initiative is aimed at helping local solar power developers that require
development support to make their innovative solar projects more impactful.
To be considered for the grant, NaijaAgroNet gathered that the
proposed projects must be located in Asia, Africa or Latin America and be based
on solar PV technology, in addition to meeting the capacity criterion of 10MW
or more, and be at an advanced stage of development. Further, eligible projects
should have an innovative or impactful angle to the project that could be developed
with support of the grant.
Proposals, NaijaAgroNet
also reports, will be screened and scored by a pre-selection committee assembled
by FMO and Access Power, while the top four shortlisted will be invited to
present their projects and answer questions from a panel of judges in front of
a live audience on the 15th of February 2018 during the second edition of the
'Making Solar Bankable' conference, co-organized by FMO and Solarplaza in
Amsterdam, Netherlands on 15 and 16 February.
“The winning project will be announced at the end of the
session during the event,” the organisers disclosed, adding that the winner
will receive a $100,000 grant towards the development costs of their project
from FMO and Access Power.
Isaac Oyimah/ED, Ops
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Thursday, September 7, 2017
First solar power incubator for showcase, invites proposals
The city of Abidjan in Cote D’Ivoire has concluded
plans to host the first solar power incubator conference tagged ‘Unlocking
Solar Capital Africa’ next month, October, reports NaijaAgroNet.
The conference championed by Solarplaza, NaijaAgroNet reports focuses on
connecting solar project development and finance cum investment, will be the
first African event featuring a Solar Incubator programme.
NaijaAgroNet
gathered, this event is aimed at identifying Solar cells, also called photovoltaic (PV) cells by scientists, which converts sunlight directly into
electricity. PV, experts say gets its name from the process of
converting light (photons) to electricity (voltage), which is called the PV effect.
Also, it’s aimed at PV projects of potential in
sub-Saharan Africa by providing access to funding, commercial and technical
know-how.
In addition, NaijaAgroNet gathered, the
initiative ‘The PV Solar Incubator, Your Project, Our Expertise, For a
Sustainable Future,’ will be launched by Phanes Group in partnership with Solarplaza,
Hogan Lovells, responsAbility, and Proparco, and invites PV developers to
submit proposals for projects that are based in sub-Saharan Africa, and have a
clear Corporate Social Responsibility (CSR) component.
Candidates are asked to submit their proposals
before October 1, 2017, via Phanes Group’s website or through the conference
website.
Shortlistees, NaijaAgroNet further gathered will
be invited to pitch their projects to an expert panel at Solarplaza’s
‘Unlocking Solar Capital Africa’ conference in Ivory Coast, October 25 - 26,
where the industry’s biggest players will hold extensive discussions about
solutions for Africa’s solar energy funding gap.
Chief executive officer, Phanes Group, Martin Haupts, revealed to NaijaAgroNet, comes as part of Unlocking
Solar Capital Africa’s goal to solve Africa’s solar energy funding gap and
Phanes Group's core strategy to collaborate with Africa-focused counterparties,
such as local project owners, governments, and developers on projects that seek
to create a sustainable future for urban and rural communities across the
sub-Saharan region.
Isaac Oyimah/GEE
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Friday, June 2, 2017
ECOWAS gets $1bn Israeli solar energy boost
An Israeli renewable energy company, Energiya Global and the
USAID Power Africa Initiative have collaborated to boost the electricity power
supply in the Economic Community of West African States (ECOWAS) with some $1billion
solar commitment, reports NaijaAgroNet.
This is coming as a Memorandum of Understanding (MOU) signed
Friday between the State of Israel and ECOWAS, Israel’s leading solar developer
to invest $1 billion over the next four years to advance green energy power
projects across the 15 member states of the West African economic community.
“In honor of President Ellen Johnson Sirleaf’s two terms in
office, and Liberia’s friendship with the State of Israel, Energiya Global and
our international partners will finance and build a commercial-scale solar
field at the Roberts International Airport, which will supply 25 per cent of
the country’s generation capacity,” says Yosef I. Abramowitz, CEO. “We are prepared to finance and build the
first National Demonstration Solar Projects in all ECOWAS-affiliated countries
in order to promote political stability and social and economic development, as
well as to advance knowledge transfer.”
Energiya Global and its associated companies developed the
first commercial scale solar field in sub-Sahara Africa in Rwanda, which is supplying
6 per cent of the country’s power, and the group broke ground on a similar
power plant in Burundi, which will supply 15 per cent of the country’s power by
the end of the year. The solar group has
fields at various stages of development in ten African countries and expects to
announce its full program at the Israel-Africa Summit in Togo at the end of
October.
In an historic first, Israeli Prime Minister Binyamin
Netanyahu is scheduled today to address the 15 West African heads of state of
ECOWAS, as well as the head of the African Union. “Israel is coming back to
Africa,” the Prime Minister will announce, and will outline the technological
innovations in agriculture, water, green energy and more that can support economic
development in West Africa.
Isaac Oyimah/GEE
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Tuesday, July 17, 2012
Solar Jooce, BATNF train women solar technicians
Women at the training exercise |
This follows the
recent signing of an agreement to train these rural women in Oyo State and
sealed between the Executive Director, BATN Foundation, Mr. Gbenga Ibikunle and
the chief executive officer, Solar Jooce, Mr. David Agbakoba.
Speaking on the
development, Solar Jooce boss, Mr. Agbakoba noted that of the world's 1.6
billion people living without electricity, 80 per cent live in Sub Saharan
Africa.
Solar Jooce, a
social enterprise dedicated to improve the quality of life of rural communities
in Nigeria that have little or no access to electricity, through its
coordinator, Anne Agbakoba, revealed to NaijaAgroNet
that the main objective of the agreement in its pilot stage was to train an
initial 20 rural ladies to become solar technicians and to help them set up
solar micro-business.
This, she said,
has kicked-off with the training which covers four local governments in Oyo State,
namely Areas in Oyo state - Itesiwaju, Kajola, Oyo West, and Iseyin. The
exercise, she said, is meant to empower the ladies to light up their
communities and spread the use of solar as an alternative to dangerous and
expensive fossil fuelled lighting such as the kerosene lamps.
She also
confirmed to NaijaAgroNet that the
initiative would be moved to other states across the federation with the
collaboration of British American Tobacco Nigeria Foundation, an independent charitable
organization incorporated in Nigeria with the vision to improve the quality of
life of citizens in rural and urban in Nigeria.
Women at the training exercise |
Equally, she
explained that the initiative entails a marketing and financial management
training entitled ‘Growing your new solar Micro-business’ was conducted in
Yoruba by Mrs. Yemi Owolabi, executive director, Finance of Standard Chartered
Bank, Nigeria.
The Solar Jooce
women’s empowerment initiative, NaijaAgroNet
gathered, is a small step in the daunting task of providing a clean,
alternative source of electricity, alleviating poverty, and providing
opportunities for rural families in Nigeria.
NaijaAgroNet recalls that the training
workshop is also supported by the Hertz Corporation, C & I Leasing
(transport & logistics), Sesema PR, and the Bishop of Ajayi Crowther
Diocese, Bishop O. O. Oduntan.
The first phases
of the initiative was a massive awareness creation about the use and benefits
of solar applications through the donation of combined solar lantern and phone
charging unit to a community in the 36 states of the country.
Further, the
second phase, NaijaAgroNet gathered
is a long-term capacity building scheme which to train women in the assembling
and troubleshooting solar applications in order for them to be able to start
their own small solar trade with its first pilot in June 2012.
Remmy Nweke
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