Sunday, November 24, 2013

GVE Projects, Trans Africa, Afe Babalola win GE-USADF Off-Grid Energy CGVE Projects, Trans Africa, Afe Babalola win GE-USADF Off-Grid Energy Challenge’13

DigitalSENSE Business News:

Messrs GVE Projects Ltd, Trans Africa Gas Electric Plc and Afe Babalola University emerged the top-three in the 2013 General Electric Africa and USAIDF Off-Grid Energy Challenge with each going home $100,000, about N16million each to support their initiatives, DigitalSENSE Business News reports.

Speaking at the presentation hosted in collaboration with the BusinessDay, President of GE Africa, Mr. Jay Ireland expressed optimism in the Nigerian economy and commended winners for their achievements in solving a fraction of energy challenge in the country.

President, United States African Development Foundation (USADF), Shari Berenbach in her remark said that  their participant in the collaboration with GE Africa was in fulfillment of its objectives, just as she assured of future collaboration on the project.

She noted that winners were chosen for demonstrating new business models to deliver sustainable energy to under-served marginal populations without degrading the environment.

DigitalSENSE Business News recalls that the winners announced at a grand event in Lagos, notes that the GE USADF Off-grid Energy Challenge was launched in Kenya and Nigeria with plans to expand to other African countries over the next 3 years. About 2 million dollars will be won in all.

GVE Projects limited designed an 18 KW solar powered off grid electricity project that will generate electricity for not less than 140 homes through a mini-gird in the Egbeke community of Rivers state. For Trans Africa Gas and Electric PLC their project was a standalone cold storage facility embedded in 2 rural communities in Dandanrua Road and Tudun Wada both in Jos, north central Nigeria.

The storage facility, with an 8kW solar nameplate generator, will allow farmers to cool and store their produce before bringing to market. The third winner, Afe Babalola University plans to generate 2.5 megawatts of electricity through a renewable hydro-electric power system that will serve over 10,000 members of the university community and beyond. To achieve this, the university plans to construct a dam in a community river.

Chuks Egbuna/GEE
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