FuelCell Energy, Inc. and Oando Clean Energy Limited (OCEL) announced the signing of a memorandum of understanding (MOU) to collaborate on the development of a 5 to 15-megawatt (MW) power plant in Nigeria.
Apart from FuelCell Energy's fuel cell and electrolyzer tech, the agreement explores the potential use of FuelCell Energy's carbon capture and sequestration technologies. Unlike other methods, these platforms can produce power and capture carbon dioxide simultaneously without requiring additional energy. This MOU is a key part of OCEL's efforts to enhance electricity access in African markets, starting in Nigeria, through low-carbon renewable energy sources. FuelCell Energy's solutions aid utilities and power producers in transitioning to net zero, enhancing grid reliability with zero particulate emissions and improving on-site power generation for increased grid resilience.
Country updates
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February 15, 2023
Nigeria inaugurates 10 MWp solar PV project in Kumbotso
The Federal Government of Nigeria has inaugurated the 10 MWp solar photovoltaic (PV) project in Kumbotso. The US$15 million asset is the country's first-ever grid-connected solar farm. This will catal...
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November 17, 2022
Nigeria plans to develop 1,650 MW hydropower PPP project
Nigeria has approved the construction of the 1,650 MW Zungeru hydropower project with a US$3 billion investment, as the country's economy suffers from low power output and poor transmission infrastruc...
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November 14, 2022
RFQ launched for 700 MW Hydroelectric PPP project in Nigeria
The Bureau of Public Enterprises has issued a Request for Qualifications for the 700 MW Zungeru Hydroelectric Power PPP project in Zungeru Town of Niger State, Nigeria.
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September 27, 2022
Empower, Multiconsult form partnership for African solar projects
Empower New Energy and Multiconsult have formed a partnership to expedite the development of renewable energy projects in Africa through the support of the African Development Bank's Sustainable Energ...
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November 24, 2021
Afreximbank signs debt financing for 141 MW Aba Integrated Power Project in Abia State
African Export-Import Bank has signed a US$50 million Term Loan facility with Geometric Power Limited in connection with the Aba Integrated Power Project in Nigeria. The deal was signed on November&nb...
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