10 December 2016 2016 11:05 AM GMT

Nigeria: Northern Governors, GE Sign MOU For 500 MW 5 Solar Power Plants Project

The Northern States Governors’ Forum and the General Electric ‎International, have signed a memorandum of understanding for the construction of five solar plants that aim at generating 500 megawatts of electricity in some parts of Northern Nigeria.

Borno State Governor and Chairman of the Northern States Governors’ Forum, Kashim Shettima signed the agreement on behalf of the ‎Governors while General Electric’s Senior Executive, Western Europe and Africa, Armand Pineda and the President/Chief Executive Officer, ‎General Electric, Nigeria, Dr Lazarus Angbazo signed on behalf of their company in a brief ceremony which held at Transcorp Hilton Hotel in Abuja.

Based on the MOU, the General Electric which has 120 years experience in power generation, is to build five solar power plants to be located in Borno, Kebbi, Nassarawa, Niger and Taraba States which each of the plants expected to generate 100 megawatts of electricity totalling 500 megawatts across the 5 States. The electricity is meant to stimulate economic activities and social services in the affected States through boosting agricultural food processing, small scale businesses in addition to supplying electricity to schools and hospitals.

The project which is a pilot phase, is being coordinated by the Northern Nigeria Global Economic Reintegration Programme, newly created by the Northern Governors to serve as a vehicle for the economic recovery of Northern States through international relations on infrastructure, manufacturing, stimulate agricultural value chain and trade, and make the region a global player agricultural export in line with the vision of late Premier of the Region.

The Governors Forum led by Governor Kashim Shettima engaged the services of Malam Tanimu Yakubu Kurfi as Cheif Executive Officer of the Programme. Kurfi was Chief Economic Adviser to late President Umaru Musa Yar’adua and is widely connected with leading development companies and financial institutions across the world.

“The 19 Governors of the North jointly created this approach. We want to go beyond lamentation to provide solutions and we all know that power is key to industrial development. With power, we can create jobs, stimulate our economies and make life better for our people. The General Electric has over 120 years experience in energy solutions and they have been operating in Nigeria for over 50 years, we cannot have a better partner than GE. We shall do our part as Governors, this I will assure you. We are deeply committed to this agreement” Governor Kashim Shettima said at the MOU signing ceremony.

The Northern Governors Chairman enumerated challenges of poverty, unemployment, poor access to education, poor healthcare amongst other underdevelopment indications threatening the north while concluding that the power can provide a vehicle for the north to reposition itself for a better future.

The CEO, Northern Nigeria Global Economic Re-Integration Programme, Tanimu Yakubu Kurfi said he took up the challenge ‎put forward by the Northern Governors as a result of strong passion and commitment to the aggressive development of the north as so far shown by the Northern Governors since Governor Shettima became the forum’s chairman in 2015. Reaffirming their commitment to the MOU, General Electric’s Senior Executive, Western Europe and Africa, Mr Armand Pineda and the President/Chief Executive Officer, ‎General Electric, Nigeria, Dr Lazarus Angbazo both pledged that they would work around the clock to realise the project for the benefits of citizens of the five States.

August 16th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

August 14th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

August 12th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

solar energy qmqr18