Business
US Consulate to launch official completion of renewable energy project
By Chioma Obinagwam
The Public Affairs Section of the United States Consulate General has said that the official completion of the Renewable Energy and Energy Efficiency Project (REEEP), funded by United States Agency for International Development (USAID) and Power Africa will be launched on Monday, February 26, 2018 in Lagos State.
Renewable energy is any energy source collected from renewable resources that is naturally replenished, like that derived from solar, wind, geothermal or hydroelectric action. Energy produced from the refining of biomass is also often classified as renewable.
The REEEP initiative, the statement revealed, was introduced in 2014 to facilitate the development and financing of renewable energy and the energy efficiency market in Nigeria.
The project, it stated, also promotes policy changes that improve business conditions.
Consul General F. John Bray will give welcoming remarks at the event which will be attended by representatives of international donor agencies, NGOs, government agencies, lending institutions, and Nigerian renewable energy companies.
Continue Reading
-
Latest5 days agoCole-Alegbe unveils memoir, urges leaders to harness technology for lasting impact
-
Business1 week agoX3M Ideas donates 50 Walkie-Talkies to strengthen security operations in Onigbongbo
-
Business3 days agoNigeria records N12.59trn trade surplus in Q2 2026 — NBS
-
Business3 days agoNigerian Breweries’ H1 profitability strengthens as revenue hits N804bn
-
Business5 days agoJetour G700 PHEV Storms Abuja as Jetour Nigeria Takes Luxury Mobility Showcase to FCT
-
Business7 days agoRising crude prices threaten fresh petrol price hike in Nigeria
-
Business1 week agoNaira breaks below N1,330/$, hits strongest level in over two years
-
Business6 days agoMultinationals exit Nigeria as economic pressures reshape business landscape