[Renewable energy generation could meet 60% of Nigeria's energy needs by 2050] The study shows that Nigeria currently has only 4GW of installed capacity of fossil fuel generation facilities and hydroelectric power facilities in operation. It is estimated that to fully provide electricity to its 200 million people, the country would need to install about 30GW of power generation facilities. According to the International Renewable Energy Agency (IRENA), Nigeria will have only 33MW of grid-connected PV system capacity by the end of 2021. While the country's photovoltaic irradiance ranges from 1.5MWh/m² to 2.2MWh/m², why is Nigeria rich in photovoltaic power generation resources but still constrained by energy poverty? The International Renewable Energy Agency (IRENA) estimates that renewable power generation facilities could meet 60% of Nigeria's energy needs by 2050. Currently, 70 percent of Nigeria's electricity is provided by fossil fuel power plants, with most of the remainder coming from hydropower facilities. Five major power generation companies dominate the country, with the Nigeria Transmission Company being the sole transmission company responsible for the development, maintenance and expansion of the country's transmission network. The country's power distribution companies have been fully privatized and the electricity produced by the generation companies is sold to the Nigerian Bulk Electricity Trading Corporation (NBET), the country's only bulk electricity trader. Power distribution companies buy electricity from generation companies by signing power purchase agreements (PPA) and sell it to customers by awarding contracts. This structure ensures that power generation companies get a guaranteed electricity price no matter what happens. But there are fundamental issues that also affect the adoption of PV as part of Nigeria's energy mix. Editor/Xu Shengpeng

Click to see more live >>

• 2024.10.09 10:18
• [Qiongzhou Strait transportation new energy vehicle ship successfully docked]
• On the afternoon of October 8th, under the on-site escort of the Guangdong Zhanjiang Maritime Bureau's "Haixun 0927" ship, the first flatbed cargo ship dedicated to the transportation of new energy vehicles in the Qiongzhou Strait, the "Green Source No. 1" ship, slowly entered the Xuwen Hai'an New Port, marking the successful trial operation of the ship's roll on/roll off transport route in the Qiongzhou Strait. It is reported that the deck cargo ship "Green Source No.1" has a total tonnage of 6731, a net tonnage of 3769, a length of 125.8 meters, and a width of 28 meters. The ship adopts a single-layer deck design, which can carry more than 160 new energy vehicles on a single voyage under full load conditions. The parking capacity is about 60% higher than that of existing passenger and roll on/roll off transport ships. The ship is planned to be deployed on the route from Hai'an New Port in Zhanjiang to Xiuying Port in Haikou. After being put into operation, it will add a new mode of sea transportation for new energy vehicles in the Qiongzhou Strait and effectively alleviate the tense situation of insufficient capacity for new energy vehicle transportation during the peak period of cross sea vehicle transportation in the Qiongzhou Strait. Editor/Zhou Yingwen

• 2024.10.09 10:15
• [Malaysia's energy transition has made progress]
• On October 9, 2024, Malaysian Deputy Prime Minister Fadhila stated that Malaysia has made progress in improving energy efficiency and that "energy conservation" has become the key to energy transition. Meanwhile, Malaysia will promote the ASEAN power grid as a key topic of discussion at the ASEAN Energy Ministers' Meeting. At the 2024 Asia Power and Energy Exhibition, which opened on the 8th, Fadhila revealed that as of June, Malaysia has saved 8769 gigawatt hours of electricity, worth over 2.2 billion ringgit, and plans to reduce 38 million tons of carbon dioxide emissions by 2025. In addition, the Malaysian government has approved the establishment of an energy exchange aimed at selling green electricity to neighboring countries. As the rotating chair of ASEAN in 2025, Malaysia will promote the construction of the ASEAN power grid to promote the promotion of renewable energy and enhance the resilience and reliability of electricity supply in ASEAN member countries. Editor/Zhou Yingwen