With most developed economies of the world transiting from fossil fuels to renewable energy, a pioneering hybrid hub for the research, development, demonstration, and incubation of clean technologies for increased energy access and climate resilience, Clean Technology Hub, has announced plans to drive Nigeria's renewable energy sector deploying the use of technology.
Indeed, the firm added that the fourth industrial revolution is currently being driven by renewable energy, stating the need for Nigeria to be abreast of global trends aimed at making renewable energy bring lasting solutions to the nation's power problems.
The Co-founder, Clean Technology Hubs, Ify Malo, at a forum tagged "Tech Meets Renewable Energy", said the objective of the forum was to connect Nigeria's tech ecosystem with the budding renewable energy sector to innovate clean technology solutions for Africa's energy market.
"The goals of this programme is to understand and explore the interconnection between the tech and renewable energy ecosystems while also exploring the applicability of tech solutions within the renewable energy value chain and existing business opportunities," she said.
Malo added: "We are looking at a technology ecosystem that has developed organically in Nigeria and to see how we can connect them to opportunities in renewable energy sector so that they can actually begin to use locally made technology to help enable renewable energy technology and make money while also creating job opportunities in the country."
According to her, with the advent of technology, the prices of some of the renewable energy appliances would come down making it affordable for the common man. "We see this is as a possibility with renewable energy and one specific way that could happen is when more people are investing into the sector and when more technologies are coming into the sector, you will see the prices of the panels and batteries reducing," she stated.
She urged the federal government to invest more in the nation's renewable energy sector, saying this is one of the ways to help solve the nation's power problems."What has happened to our technology ecosystem has been very innovative, whether it is the payment platform, drone technology, artificial intelligence. We want to see how government can help those technologies enter into sectors like renewable technology, because even with technology where you cannot have growth without electricity and we cannot have development," she stressed.
She pointed out that if the government can prioritise development towards developing renewable energy, it would go a long way to give Nigerians clean and reliable energy to power their businesses to create job opportunities and wealth creation for the country."If the government decides that this is going to be the focal point for how they are going to grow and make people have electricity to power their businesses, we will see that this sector will develop. We encourage the government to actually invest in this ecosystem much more," she averred.