Parallel Sessions
The Nordic Nigeria
Connect 2023
Going Green: Replacing Generators with Solar Solutions - How do we Finance it
Going Green: Replacing Generators with Solar
Solutions - How do we Finance it?
By the Embassy of Norway in Abuja
Lagos Continental Hotel, Victoria Island, Lagos | 14th November 2023
Moderator
Panelists
Going Green: Replacing Generators with Solar Solutions - How do we Finance it?
Only 1/8 of the power consumption in Lagos comes from the national grid. The Lagos State Government estimate that 23,000 MW is provided by diesel generators. The Lagos State Government will build 1000 MW of solar over the next years, and they plan to bring five million new households’ electricity by 2030. Both fuel and electricity prices have been increasing lately – making this a great business case for why Lagos is ready for solar. Solar power providers can find potential partners and customers in this session, where we also present and discuss how the move from generator to solar can be financed.
Session moderator
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Mr. Eivind Fjeldstad
Business Counsellor, Embassy of Norway
Energy transition in Lagos – set the stage
Green Climate Fund – financing the transition. Remarks by
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Mr. Mo Yahya
UNDP Country Representative
Why Lagos, why now? Brief intro by
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Engr. Hafeez Momoh
Head of Power, Lagos State Government
Financing the transition
Empower New Energy’s solutions and Nigeria experiences.
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Mr. Mark Wopicho
Chief Technology Officer.
Wema Bank’s green finance solutions for solar power.
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Mrs. Ayodele Olojede
Division Head, Retail & SME Business
A company in need for solar solutions
Arla (DK) – a Nordic company sharing their plans to go solar in Nigeria.
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Ms. Akalaka Vony Obazei
Senior Manager, Corporate Affairs, Arla
A pitch from providers of solar solutions for the C&I segment:
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Mr. Afolabi Aiyela
Managing Director of Welbeck Electricity
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Mr. James Fabola
Chief Financial Officer, Arnergy
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Mr. Wale Yusuff
Managing Director of Wärtsila
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Mr. Mikkel Hansen
COO, Renergy