Currency depreciation, high energy cost worsen inflation outlook
Nigerian inflation continues to defy global trends, setting a new multi-decade of 27.3 per cent in October even as experts warned that prices, which have been an uptrend in the past two years, will not abate anytime soon. The post Currency depreciation, high energy cost worsen inflation outlook appeared first on The Guardian Nigeria News […]
Solution to Nigeria education system should start at basic level — Okojie
Tribune Online Solution to Nigeria education system should start at basic level — Okojie Former executive secretary of the National Universities Commission (NUC), Professor Emeritus Julius Okojie, has advocated that the solutions to the Nigerian education system should start at the basic and post basic levels. He said that “the countries that made deliberate plans […]
Masters Energy urges FG to address FX challenges
Masters Energy Oil & Gas Limited has urged the Federal Government to address the Foreign exchange constraints in product importation. The Executive Director of Operations, Masters Energy Group, Felix Eribo, said this in an interview with The PUNCH, on the sidelines of the just-concluded 2023 Oil Trading and Logistics Africa Downstream Week, in Lagos. He […]
GAF Energy completes construction of 250 MW Texas solar shingle factory
The Georgetown, Texas facility increases GAF Energy’s solar shingle manufacturing output by 500% to 300 MW per year. GAF Energy, North American producer of the Timberline solar shingle, announced it has completed construction of its Georgetown, Texas manufacturing facility. The facility increases GAF’s production capacity to 300 MW annually, an increase of 500% over current […]
Mysterious, higher energy yields in vertical PV systems
Scientists in the Netherlands have sought to understand the reason for unexpected gains in vertical PV systems and found that these installations have a much higher heat transfer coefficient than their horizontally deployed counterparts. From pv magazine global A group of researchers at the Netherlands Organisation for Applied Scientific Research (TNO) has conducted a series of tests […]
National Grid Renewables secures PPAs to build 270-MW solar project
National Grid Renewables has announced the execution of two power purchase agreements for its Blevins Solar Project, a 270-MW development located in Falls County, Texas. Under the PPAs, Fujifilm has contracted 125 MW of solar, and Bristol Myers Squibb has contracted 145 MW of solar. Blevins is estimated to begin construction in 2024 and reach… […]
After rescue deal, Siemens Energy unveils massive loss
Siemens Energy reported a 4.59-billion-euro ($5-billion) annual loss Wednesday, dragged down by a crisis in its wind power unit, a day after a government-backed rescue package was unveiled for the German group. The huge loss in the 2022-2023 financial year for the company, whose operations range from building wind turbines to power grids, was far […]
Oyo APC dismisses rumour of planned dissolution of exco
Tribune Online Oyo APC dismisses rumour of planned dissolution of exco THE All Progressives Congress (APC) in Oyo State has clarified that there is no plan to dissolve the executive committee of the party at any level and warned people believed to be behind such rumour to desist. This clarification came on the heels of […]
Antora Energy receives $4M grant to scale thermophotovoltaic technology
Antora says its thermal batteries offer a cost-effective way to store energy and produce high-temperature industrial heat and electricity on demand. Antora Energy received a grant for over $4 million from the California Energy Commission (CEC) to scale up its heat-to-power thermophotovoltaic technology, which can store renewable power as heat in blocks of solid carbon. […]
Strike: Reps adjourn sitting, seek speedy resolution of FG, labour dispute
The House of Representatives has adjourned plenary as a result of the strike declared by Organized Labour. The Deputy Speaker of the House, Benjamin Kalu, called for an adjournment after “Matters of urgent public importance” were considered and adopted. As he led the discussion, Kalu, an All Progressives Congress, APC, member representing Bende Federal Constituency […]