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By 2030, renewable energy generation will reach 30% of total power generation

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Published by Mars January 04,2020

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    To promote energy diversification and optimize other power generation assets, Nigeria plans to meet 30% of its energy needs through renewable energy sources by 2030. The government will sign 14 solar purchase agreements (PPAs), which may provide more than 1,000 megawatts of solar energy power.

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    The Minister of Engineering, Electricity and Housing, Mr. BabatundeFashola, delivered a keynote speech on Monday at the Nigerian Petroleum Exploration Association (NAPE) Pre-2018 Conference in Lagos. Fashola said that the current components of grid power mainly include gas power (85%) and hydropower (15%), so renewable solar energy power projects need to be developed with the goal of reaching 30% of the total grid power by 2030.
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    "Let me make it clear that countries and governments are committed to promoting renewable and low-carbon energy development at a low cost."

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