Buhari made the revealation while delivering his national statement at COP26 Leaders’ Summit in Glasgow, Scotland, on Tuesday, November 2, 2021. The president said that attaining national and global climate change goals would require adequate and sustained technical and financial support to developing countries.
Tesla is launching a new solar roof tile with greater efficiency and higher power capacity. It comes as Tesla is trying to make its solar products mainstream.
The President, Major General Muhammadu Buhari (retd.), has said that his regime plans to create up to 250,000 jobs from its efforts to connect up to five million households to solar power.
The number of jobs in renewable energy worldwide increased in 2020, despite the huge economic disruptions caused by the COVID-19 pandemic, with the growing industry holding up better than fossil fuels, international agencies said on Thursday.
The Nigerian Bulk Electricity Trading Plc on Thursday provided statistics on misalignments in the power value chain, saying that about 14,000 megawatts of electricity was contracted to power generation companies.
Rural electrification is to get the highest capital investment from the Federal Government in the power sector in 2022, as N114.64bn has been appropriated for it.
Today, grid generating potential is just over 12 GW in Nigeria. More than 40% of the population lack access to electricity, and those with access, suffer regular power cuts and outages.
Vice President Yemi Osinbajo has said the plan to defund gas projects in the run up to the global Net-Zero emissions target will be unhelpful to developing countries such as Nigeria.
The Federal Government says it has commissioned several sites in the six geopolitical zones of the country toward actualising its promise of electrifying five millions homes with solar energy by 2023.
A new Senate bill meant to eliminate the current barriers hindering private sector investment in the power value chain passed second reading on the floor of the red chamber on Tuesday.