With the impact of energy costs on the productive sector becoming unbearable, exploring clean, sustainable alternative energy source has become attractive to operators in the value-chain industry, especially if they hope to remain competitive in the global market.
The most populous, and second-most densely populated, nation in Africa, Nigeria is fast coming to the fore as a mobile pay-go solar and solar-storage microgrid leader. Part and parcel of its Green Energy Project with the UN Development Program (UNDP), Nigeria’s Bank of Industry (BoI) on Jan. 19 launched a 1 billion nara (US$3.1 million) off-grid solar energy fund.
The Federal Government says it would intensify efforts to increase power generation through solar energy. The Minister of Science and Technology, Dr Ogbonnaya Onu, made the statement when he visited NASENI Solar Energy Ltd. He said such efforts would promote productivity and encourage more investors to come in to the country.
Vandalized houses in Gahara Mojiri, a village in Nigeria’s northeastern Adamawa state, bear the hallmarks of militant Islamist group Boko Haram.
In West Africa, after having an unstable power supply in 2016, Nigeria has this year witnessed an improvement, the Nigeria System Operator indicated.
Bloomberg New Energy Finance have published their first ever off-grid and mini-grid market outlook, assessing the latest developments in distributed energy and electrification in emerging or remote markets.
The Nigerian population is above one hundred and eighty three million (www.worldometers.info), and about 55% of the population have no access to grid-connected electricity (Nigeria Power Baseline Report -nesistats.org). Access to electricity in the rural areas is about 35% and about 55% in the urban areas.
The "Off-Grid Market Opportunity Tool" draws on a database that will help companies, governments, development agencies, academics and civil society to better assess the potential market for off-grid energy solutions.