While prices of solar equipment are falling, the sector still remains a capital-intensive one. This is mostly so for mini-grid and large-scale projects. Access to financing is therefore very important for companies to meet the demand for clean energy and grow their business. This is even more crucial for companies who use flexible payment options…
Kainji Hydropower Generating Company (GenCo) now has 440 megawatts (MW) capacity since its privatisation in 2013 and will add 80MW by 2019, the concessionaire, Mainstream Energy Solutions Limited (MESL) for the plant and Jebba GenCo said. Officials of MESL disclosed this yesterday while briefing newsmen at the Kainji plant in Niger state. Operations Supervisor at…
Hope for biogas power generation is rising among farmers and innovators as it potentially solves the twin challenges of disposal of livestock waste and provision of energy to offset the rising cost of electricity in Nigeria. Biogas is a type of biofuel produced from the decomposition of organic waste. Animal manure, food scraps, wastewater and…
In what many have termed as an exciting advancement, Africa’s first waste-to-energy facility was recently launched in Addis Ababa, Ethiopia. The facility, called Reppie, is located next to the capital city’s main refuse dump known locally as Koshe, a slang word meaning “dirt” in Ethiopia’s main language, Amharic. The construction of Reppie began in 2014…
The nation’s power grid has suffered its ninth total system collapse this year amid a lack of spinning reserve that is meant to forestall such occurrences. This year, the national grid has so far recorded 10 collapses – nine total, while one was partial, the latest data obtained from the Ministry of Power, Works and…
The Eko Electricity Distribution Company says its ongoing power project expansion will boost power supply to residents of Oniru, Maroko and Lekki within a month. Godwin Idemudia, its General Manager (Communications), on Saturday said the company had commenced aggressive power projects within its network to improve supply to customers. Idemudia said that with the introduction…
The Nigerian Electricity Regulatory Commission (NERC) has granted 69 firms permits to fund purchase, installment and replacement of meters to meet the 11 electricity distribution companies (Discos) metering gap and obligations to their customers. The grants which were sequel to the commission’s approval of the Meter Asset Provider (MAP) Regulations 2018, were intended to facilitate…
CWG Plc, a technology solution company, has sent a proposal to the federal government on how to block leakages among electricity distribution companies (Discos), through a new metering technology that comes with electricity theft prevention device. The new technology, which has full local content development, was conceptualised and designed locally by CWG, in partnership with…
The Nigerian Electricity Regulatory Commission (NERC) has ordered electricity distribution companies to refund monies paid by persons who did not receive meters under the scrapped Credited Advanced Payment for Metering Initiative (CAPMI). The directive was given at a meeting between NERC and stakeholders in the power sector held in Abuja. “The meeting re-emphasised the need…
Inadequate gas supply to the generating plants and limited distribution facilities have resulted in the cumulative loss of N108.15 billion in July and August, 2018. A compilation based on reports obtained from the office of the Vice President, Prof. Yemi Osinbajo, showed that a total of N50,082 billion was lost in July while N58.07 billion…