Friday, June 6, 2008

Chinese firm intervenes in Nigeria's power crisis


A Chinese firm, Sky Resources Solar Technology Company, has offered an intervention in solar energy production in Nigeria, as a mean of tackling power crisis in the country.
Speaking with Businessday in Abuja, the international director of the company, Xie Yunghsen said over $200,000 has been invested while over one million dollars would also be injected into the country’s energy sector before the end of the year.

Yunghsen said the goal of the company was in line with the dream of President Musa Yar’Adua to alleviate the power problem in the country, especially rural electrification.

The director, who pointed out that one source or type of energy generation method was not enough to meet the yearnings of the teeming population of Nigeria, said the company had come at the right time to complement the efforts of government in this regard

While noting that " Nigeria is blessed with abundant resources where alternative energy could be generated", Yunghsen wondered why the country should be suffering in the dark by depending solely on one source of energy.

"Nigeria with her abundant gift of sunshine cannot afford to waste wonderful opportunity to generate sufficient, affordable and efficient energy through solar technology," he stressed.

Okechukwu Ezeobina, executive director of the company in Nigeria said the company’s products which include grid-connected inverter, convert the DC power (from solar energy converted by PV modules) to the VAC/220, 50HZ/60HZ sine wave power that will supply power to the local household applications.

According to him the company has signed a pact with some banks, among which are Zenith bank, Intercontinental plc, and Diamond Bank, while discussions are on-going with Bank PHB, Oceanic bank among others to facilitate the projects in Nigeria.

He said the project is taking off soon would some states which include Anambra, Delta, Enugu whose governors are embarking on rural electrification projects

Ezeobi said plans had been concluded to domesticate the technology as some selected technicians from seven states where the projects are to take off soon would be given free training in China on manufacturing and installation.

He was optimistic that the issue of power crisis in the country would soon become a thing of the past when most of the rural communities are connected to solar grid for power supply


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