Connect with us

News

GE Plans 2GW Hydroelectric Power in Nigeria

Published

on

Kindly share this post

The General Electric is planning to install hydroelectric plants that will generate additional two gigawatts of electricity in the country by 2030 in view the the nation’s growing power demands.

This is part of 29GW hydropower expansion projects to be executed by the American multinational corporation in four African countries in the next 13 years.

The President and Chief Executive Officer, Hydro, GE Renewable Energy, Yves Rannou, gave this indication in the corporation’s latest report, ahead of the 2017 World Hydropower Congress.

He said that presently, the firm had about 18 GW hydro installed base in Africa, adding that Angola, Mozambique, Morocco and Ethiopia would benefit from its expansion plans in the next 13 years.

He explained that if Africa would expand into renewable energy, its effort should be supported by robust infrastructure.

Rannou said, “Several African countries have made commitments to support the global energy transition to renewable energy and hydropower is absolutely required to meet those needs. Our participation in supplying fast and sustainable access to energy for Africa is one of the GE’s top priorities. Renewable is an energy industry of the future for Africa and that future starts now.

“In 2016, more than 3GW of hydropower capacity was put into operation with plans to grow its installed base in the years to come. There are also plans for an additional 7GW in Angola; +2GW in Mozambique and Nigeria; +2GW in Morocco; and +18GW in Ethiopia by 2030.”

He noted that Africa was one of the most economically dynamic continents, with only three per cent of the huge hydro capacity being utilised.

According to him, the future of sustainable access to energy by African countries depends on hydro, wind and solar.

While highlighting other benefits of hydroelectric power, he said it would control flood, encourage irrigation and water supply for agriculture and land planning.

Rannou added, “It develops industry; it improves access to healthcare; it helps support education and high quality jobs.

“It has returned to the forefront now because everyone realises how hydropower contributes to grid stability, thanks to its flexibility and scale of production. It also enables the expansion of wind and solar, and is a key player in the overall energy mix.”

The GE, whose business focuses on oil and gas, power, water supply, aviation, health care, transportation and capital, has also proposed to invest in Nigeria’s three refineries located in Port Harcourt, Warri and Kaduna, and selected power projects earlier this year.


Kindly share this post

Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

Continue Reading
Advertisement
Comments

News

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Published

on

Kindly share this post

While 85 per cent of Nigeria is in darkness, Tanzania, an African country has shut down five hydroelectric stations in a bid to reduce excess electricity in the national grid.

As Nigeria Struggle, Tanzania Turns off Power Plants Due to Excess Supply

Kassim Majaliwa, prime minister, Tanzania, has said the main plant, Mwalimu Nyerere Hydroelectric Station, alone generated enough electricity to power major cities, including Dar es Salaam, the country’s commercial hub.

It is the first time Tanzania, which suffers chronic power shortages, has closed hydroelectric stations due to excess production.

“We have turned off all these stations because the demand is low and the electricity production is too much, we have no allocation now,” an official from state-run power company, Tanesco, said.

The 2,115MW Julius Nyerere Hydropower Dam is said to be almost filled with water following heavy rains that started early this year.

Meanwhile, while the country has an installed capacity of 1,938MW and the grid installed capacity of 1,899MW, Nigeria which has an installed capacity of 13,000MW is struggling to electrify 85 per cent of its electricity consumers.


Kindly share this post
Continue Reading

News

President Tinubu Appoints Jim Ovia as Student Loan Fund Chairman

Published

on

Kindly share this post

President Bola Tinubu has approved the appointment of Jim Ovia, renowned banker and businessman, as the Chairman, Board of the Nigerian Education Loan Fund.

Jim Ovia

Jim Ovia

Ovia’s appointment is contained in a State House statement titled, ‘President Tinubu appoints Jim Ovia as Chairman of the Nigerian Education Loan Fund,’ and issued on Friday by Ajuri Ngelale, special adviser to the President, Media & Publicity.

The statement noted that “Ovia is the founder of one of Nigeria’s leading banks and a respected business leader, with a surfeit of efforts and benefaction towards nurturing and empowering young Nigerians.

“He is an alumnus of Harvard Business School and holds a Master’s in Business Administration from the University of Louisiana.”

The National Student Loan Programme is a pivotal intervention that seeks to guarantee sustainable higher education and functional skill development for all Nigerian students and youths.

The Nigerian Education Loan Fund, the implementing institution of this innovation, demands excellence and Nigerians of the finest professional ilk to guide and manage.

“The President believes Mr. Ovia will bring his immense wealth of experience and professional stature to this role to advance the all-important vision of ensuring that no Nigerian student suffers a capricious end to their pursuit of higher education over a lack of funds,” the statement partly read.

Ovia’s appointment will also ensure “that Nigerian youths, irrespective of who they are, have access to higher education and skills that will make them productive members of society and core contributors to the knowledge-based global economy of this century.”


Kindly share this post
Continue Reading

News

UK Pledges €1Bn to Fight against Malaria in Nigeria

Published

on

Kindly share this post

The UK has pledged £1 billion to Nigeria’s fight against malaria and other diseases from 2024 to 2026.

UK Pledges €1Bn to Fight against Malaria in Nigeria

Ebere Anyachukwu, health adviser at the British High Commission, announced this on World Malaria Day in an interview with NAN.

This contribution supplements existing funds from other donors and will primarily support the procurement of insecticides, treated bed nets, malaria diagnostics, and chemoprevention efforts.

“There are some states in Nigeria where malaria is seasonal. Those are states where chemoprevention is used to prevent children from coming down with malaria,“ he said.

“In those states, malaria spreads in a few months within a year, and during that period, there is a high level of malaria transmission in children, resulting in lots of deaths.”

The health adviser said children in such states are usually given malaria drugs, whether or not they have the infection.

He said the UK is a big contributor to the global fund, currently supporting about 13 states in Nigeria.

He listed the states to include Adamawa, Delta, Gombe, Jigawa, Kaduna, Kano, Katsina, Kwara, Niger, Ogun, Osun, Yobe and Taraba.

“With the global funding support, there has been a significant reduction of malaria-related deaths in children in Nigeria,“ Anyachukwu said.


Kindly share this post
Continue Reading

Trending