In its determination to reduce the country’s dependence on fossil fuels and other unclean energy, a Nigerian company, Traveri Group, recently signed a memorandum of understanding (MoU) with a Canadian firm, NH3, to provide a vast and constant energy resource supply through green energy, Leadership reports.
According to the chairman, Traveri NH3 Nigeria, Innocent Obande, the technological innovation involved would convert wastes to produce green energy for power supply. The wastes, he added, would be processed and ultimately produce hydrogen and nitrogen for energy storage for an uninterrupted power supply as well as fertiliser for agriculture.
Already, an agreement with the Nasarawa State Government to commence the funding and development for proper town planning, construction and delivery of engineering works, renewable energy generation and distribution in selected districts in the state as pilot schemes has been reached with the donor company.
Funding for the projects is expected to be sourced from the over €185 billion earmarked by the European Union to address the challenges posed by the global climate change.