Oil & Energy
Nigeria, China Partner On Solar Cells Production
The Federal Government has disclosed plans to commence the production of solar cells locally in its efforts to increase power generation through solar energy.
This strategy is an initiative of the National Agency for Science and Engineering Infrastructure, (NASENI) through its subsidiary company, the NASENI Solar Energy Limited.
Minister of Science and Technology, Dr Ogbonnaya Onu, disclosed the partnership with China and the move towards local production of solar cells when he visited the company in Abuja.
The Minister said, the ministry would facilitate access to the 85 per cent offer from China for the approved 15 per cent counterpart funding to guarantee the local production of solar cells.
“This will facilitate advance research, drastically reduce the cost of solar power installation and increase clean energy local content in the power sector”, he said, and promised that the ministry would make strong case for the patronage of NASENI Solar Energy Limited.
Speaking earlier, the Executive Vice Chairman, NASENI, Prof Sani Haruna, said the objective of setting up the company was the inject local content in the power sector.
The objective also includes developing and demonstrating local capacity, creating businesses, generating revenue and building capacity in renewable energy generally.
Analysts believe that this initiative would reduce the high cost of solar infrastructure which has been blamed for the high cost of solar energy in the country.
Mr Boniface Obilor, said the idea of increasing power supply in the country through other sources as solar is the answer to the nation’s challenge of epileptic power supply, but that the high cost of the solar installations has become another constraint.
“This partnership with China is a step in the right direction,: he said.
Oil & Energy
Aiyedatiwa Signs New Electricity Bill
Oil & Energy
NLNG Commissions Research And Innovation Centre In RSU
Oil & Energy
Reps Demand Urgent Action On Bille Gas Seepage, Odidi Oil Spill
-
News3 days agoRSG Targets Nine Million Residents in Mosquito Net Distribution Campaign
-
Oil & Energy3 days agoAiyedatiwa Signs New Electricity Bill
-
Oil & Energy3 days agoNLNG Commissions Research And Innovation Centre In RSU
-
Maritime3 days agoMarine Minister Commends President Tinubu On NPERA Bill Assent
-
News3 days agoKenPoly Holds Eight Convocations, August 29
-
News3 days agoRMAFC Completes Revenue Sharing Review, Proposes New Pay
-
News3 days agoRSG Begins Another Phase of Projects Commissioning Today
-
Maritime3 days agoNAGAFF Petitions IGP Over Alleged Maritime Police Harassment
