Minister calls for investment in renewable energy
The Minister of Science and Technology, Dr Ogbonnaya Onu, on Monday called on investors to focus attention on renewable energy sector, describing it as lucrative and alternative source of electricity.
Group urges councils to boost renewable energy
The Climate Transformation and Energy Remediation Society has urged local councils to embark on aggressive investment in clean and renewable energy projects to boost electricity at the local levels. The president of the association, Smart Amaefula, made the call during a summit on “Mainstreaming Renewable Energy for local Governance” in Abuja. He urged local government…
Renewable energy to contribute 30% of electricity supply in Nigeria by 2030 says Minister
Dr Ogbonnaya Onu, Minister of Science and Technology, says Nigeria plans to generate 30 per cent of its electricity supply through renewable energy by 2030, in line with the National Energy Policy.
FG restates commitment to renewable energy intervention
The Minister of Power, Saleh Mamman, has re-affirmed his ministry’s commitment to driving renewable energy in Nigeria. According to the minister, renewable energy is one of the ministry’s focal points to drive power supply....
Why major marketers shun Nigeria
Nigeria is currently missing out on the $49 trillion projected renewable energy investment as International Oil Companies (IOCs) and others are shunning the country...
Renewable energy leads to global carbon emissions decline in 2019
The global energy-related carbon dioxide emissions stopped growing in 2019 according to a new data released by International Energy Agency (IEA).
‘Fossil fuels, renewable energy will continue to play complementary roles’
Countries must creatively complement the use of fossil fuels and renewable energy in the interim pending when renewable energy can stand alone as major source of energy globally.
Investment in renewables drops in emerging markets
New energy investment in emerging economies slipped last year to US$133 billion, far from the 2017 record of US$169 billion, mostly due to a slowdown in China, BloombergNEF has said in its annual Climatescope report.
ERA/FEoN advocates 2% vat on renewable energy products
An environmental group, Environmental Rights Action and Friends of the Earth ERA/FoE has called on the Federal Government to reduce Value Added Tax (VAT) on all renewable energy products to two per cent to fast-track a transition from dependence on fossil fuel to renewable sources of energy. Executive Director of the group, Godwin Uyi Ojo…