PANA Holdings, a German company, has indicated interest in constructing Manufacturing facilities for Renewable Energy and related decarbonisation technologies in Nigeria’s Green Industrial Zone, Evergreen City. This move has particularly received the backing of the German government. Special Presidential Envoy on Climate Action, Chief Ajuri Ngelale disclosed that before the partnership progresses on to the Construction phase there would be a lot of work to be done. Nonetheless, he expressed Nigeria’s satisfaction with the firm’s engagement in bringing President Tinubu’s Green Industrial Vision to fruition.
Ngelale further reiterated the administration’s commitment to help Nigerians actualize their aspirations. This engagement was also provided to Mr. Daere Akobo, the CEO of one of Nigeria’s leading domestic EPC firms, who possesses the technical know-how necessary to be considered for high-level collaborations with German industrial conglomerates in the fields of electric power, oil and gas, and other vital industries. Chief Ngelale identified areas of industrial manufacturing that stand to gain from the partnership, such as Organic Rankine Cycle Technology (ORCAN), which produces clean, instantly usable power from waste heat energy that engines and industrial facilities generate.
Amplified Geochemical Imaging area stands to gain from the project.
Additionally, he cited the Mokveld Zero Emissions Control Valves used to significantly lower fugitive emissions, the Multiphase Pumping Technology deploy to lessen gas flaring, and Amplified Geochemical Imaging (AGI), an unconventional exploratory technique that can evaluate the integrity of Carbon Capture Utilisation and Storage (CCUS) instrumentation. Also included is Nigeria’s Electric Power Grid, a continuing partnership between Siemens and PANA Infrastructure to decarbonise through a multi-phase approach. By participating in Evergreen City, this arrangement will enhance value chain localisation.
Other areas mentioned are continuous emission monitoring, which uses an Infosys platform to deploy metering solutions and create an extensive dashboard for in-the-moment monitoring and assessment, and climate-smart Agriculture infrastructure manufacturing, which supports the regional supply chain that will underpin integrated Greenhouse farming. Chief Ngelale also met with Mrs. Titi Oshodi, the Special Advisor to the State Governor on Climate, to discuss new approaches to federal, state, and local cooperation and coordination in Climate Action to fulfill the federal mandate for green industrial growth.
Both countries agreed on two major partnerships in 2023.
Nigeria and Germany signed two major partnerships in 2023 with the goal of increasing exports of Natural Gas and renewable energy. Union Bank of Nigeria and Germany’s DWS Group signed a $500 million renewable energy agreement that centred on rural access to energy and engagement in the formal sector. Additionally, Nigeria’s Riverside LNG and Germany’s Johannes Schuetze Energy Import AG worked together on a gas Export agreement whereby Nigeria will provide Germany with 850,000 metric tonnes of natural gas per year, rising to 1.2 million metric tonnes by 2026. The goal of this project is to assist Germany’s transition to carbon neutrality while lowering Gas Flaring in Nigeria.
In keeping with both nations’ pledge to Sustainable Energy practices, the agreement also intends to use about 50 million cubic feet of flared gas each day for energy generation. Nigeria has been advancing sustainable energy solutions and addressing its Power Supply issues by implementing major renewable energy projects. One of the major efforts currently in progress is the collaboration by Husk Power Systems and the Rural Electrification Agency (REA) to implement 250MW of decentralized renewable energy projects. The World Bank-funded Distributed Access through Renewable Energy Scale-up (DARES) project is supported by this partnership.
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Likewise, an agreement has been reached between the Nigerian Rural Electrification Agency and five private companies to develop 1,265 megawatts of renewable energy projects. Nigeria is also receiving support from the World Bank to increase 17.5 million people’s access to renewable energy. The goal of this project is to enhance the lives of millions of Nigerians who do not currently have access to consistent Electricity supply by offering sustainable energy alternatives. All these initiatives evolve around Nigeria’s comprehensive renewable energy roadmap aiming to develop a 20 gigawatt (GW) renewable energy market over the next decade.