FG, Stakeholders Appraise 30MW Wind, Solar Project Proposal

Officials of the Federal Ministry of Power and others stakeholders in the energy...

Officials of the Federal Ministry of Power and others stakeholders in the energy sector on Wednesday received the power point presentation of the proposed 30 Megawatts (MW} Wind And Solar Hybrid Project at Lekki, Lagos with a view to examining the feasibility of the scheme.

Speaking during the exercise, the Minister of Power, Chief Adebayo Adelabu said the Federal Government was addressing power deficit by using alternative energy sources like wind, solar and mini-grids.

Represented by Mr Abdulrasheed Lawal, Director of Procurement, Ministry of Power, Adelabu said the project after necessary appraisal by relevant stakeholders would be executed by Crown Resources Development Company Limited (CREDCO) in collaboration with Vergnet a French Wind Turbine Company based in France.

He said: “We are aware that presently there is energy deficit in the country so we are doing everything possible to address the issue by investing in alternative sources.

”We have to think out of the box to achieve energy sufficiency, we have to look at using mini-grids, solar and wind to achieve this.

”We are already doing 10MW using wind in Katsina and we are trying to replicate same in Lagos in order to ensure reliable and steady power supply in the country,”he said.

On his part, Mr Barney Ojiah, Cheif Executive Officer of Credco said that they were in the ministry of power to make the presentation on how to further improve power supply for Nigerians.

He said that power was important in the lives of all Nigerians no matter how it comes.

”This effort is a collaboration with the ministry of power on how to achieve reliable and steady power supply,”he said.

Mr Frederic Cheve, Subsidiaries Manager, Africa, Vergnet while giving presentation said that the project is a renewable and innovative solution to Lagos State’s energy need.

According to him, the project aims to harness the abundant wind and solar resources to generate clean and reliable power while mitigating the risks associated with relying on a single source of energy.

He said that the proposed capacity of the project is 20/30 Megawatts Wind and Solar Hybridized system.

Cheve said that the project would be developed in phases adding that this would have a number of significant benefits for Lagos and the country.

He listed the benefits to include improved energy security and grid stability.

”It will create green jobs and boost the local economy, reduce the reliance on fossil fuels and curtail green house gas emissions.

”This project will contribute to achieving Nigeria’s national energy goals,”he said.

Cheve said the project aligns with President Bola Tinubu’s Presidential Power initiative (PPI) which aims to add 12,000 MW of electricity to the national grid and to provide 24 hours electricity for Nigerians.

”The project is in line with the renewable energy plan that is based on Nigeria’s commitment to carbon neutrality by 2060,”he said.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

RELATED ARTICLES

Nigeria’s Economy In Shock – Edun

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that Nigeria’s

FG Declares Friday, Monday Public Holidays For Easter

The Federal Government has declared Friday, April 3, and Monday, April 6, as public holidays

Foreign Affairs Minister Tuggar Resigns

The Minister of Foreign Affairs, Yusuf Tuggar, has resigned. Tuggar’s resignation was confirmed by the

Financial Regulators Must Work Together to Tackle Cross-Border Risks In Africa — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has urged African

FGN Launches National Single Window To Cut Trade Costs, Boost Growth

The Federal Government has launched Nigeria’s National Single Window in Lagos, a flagship reform to

Nigeria Ready To Boost Global Oil Supply Amid Middle East Tensions — Minister

Nigeria’s Minister of Information, Mohammed Idris, has said Nigeria is prepared to support global energy

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.

TLD Newsletter

Get the latest legal news, key cases, top lawyers, and expert analysis for your legal journey.