• About
  • Advertise
  • Careers
  • Contact Us
Saturday, June 21, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home News

Renewable Energy Adoption by Private Sector, Key to Hitting Climate Targets – PPC

by Admin
November 24, 2022
in News
0
renewable energy by PPC
Engineer Kelechi Onuigbo, the Head of Power Division at PPC

Engineer Kelechi Onuigbo, the Head of Power Division at PPC

UBA
Advertisements

As Nigeria begins to take action towards energy transition, PPC Limited, Nigeria’s leading integrated solutions, engineering and infrastructure development company, says the widespread adoption of renewable energy technology by the private sector will accelerate the diversification of Nigeria’s energy and power supply sources.

Engineer Kelechi Onuigbo, the Head of Power Division at PPC, in a statement on Wednesday, said that transition from fossil fuel to renewable sources will bring immense benefits to Nigerians as it would provide more secure and affordable energy supplies.

Nigeria Energy Transition Plan seeks to tackle the dual crises of energy poverty and climate change while delivering universal energy access in fulfillment of the Sustainable Development Goal 7 by 2030 and the ambitious net-zero target by 2060.

The Nigerian government has also expressed its commitment to sustainability and is hoping to provide 30 Gigawatts (GW) of electricity by the year 2030 with renewable energy contributing at least 30 per cent to the energy mix.

While the government is seeking the required funding, amounting to about $400 billion to implement the energy transition plan, he said the private sector also has a critical role to play in identifying climate risks, de-carbonising their operations and increasing the share of renewable system in their energy mix.

According to him, one of the low-hanging fruits for a just energy transition by the private sector is the solar PV alternative power supply solutions, which is a safe, reliable, affordable and easily accessible source of clean energy electricity.

“Climate change has crept on us and its impacts are absolutely damaging to Nigeria as seen in the recent flooding in some parts of the country that has killed hundreds, destroyed properties and displaced thousands thereby rendering them homeless,” Engr Onuigbo said.

He added, “Collective action is integral to solving the continent’s compelling climate issues, and the private sector can play its role by committing to building renewable and power backup energy systems that ensure energy efficiency.”

He stated that a hybrid power supply through a combination of grid and renewable energy solutions would provide an uninterrupted power supply that is much desired for smooth business operations, adding that other benefits include lower atmospheric contamination and savings in maintenance costs.

PPC is dedicated to ensuring equitable electricity access in Nigeria and has over the years invested in grid infrastructure as well as affordable renewable energy solutions.

Loading

Advertisements
MTN ADS

Author

  • Admin

    TechEconomy is a Distinct News Media That Focuses on BUSINESSES, PEOPLE, PLATFORMS, INSTITUTIONS

    View all posts
0Shares
Tags: PPCrenewable energy
Admin

Admin

TechEconomy is a Distinct News Media That Focuses on BUSINESSES, PEOPLE, PLATFORMS, INSTITUTIONS

Next Post
NCC and 3.5GHz spectrum Auction

Auction of Two Slots of 3.5GHz Spectrum Meant to Boost Competition - NCC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

MTN

NGX Awards MTN as its most Compliant Listed Company

3 years ago
Quomodo Systems at IMC Conference

Quomodo Systems Africa Demonstrates Commitment to Youth Development IMC Conference

2 years ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.