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Home Economy

3,200 megawatts: Company intervenes with off-grid power supply

metro by metro
October 6, 2018
in Economy
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In a bid to provide off-grid uninterrupted power supply to homes and offices in the country, Schneider Electric says it is exploiting the solar power option.

Ifeanyi Odoh, Head of Offer Marketing and Business Development, said solar power remained the solution to the power problems hindering businesses and comfortable living in homes.

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“We are committed to delivering safe and reliable power to homes and businesses and be the industry leader in solar power,’’ he told newsmen in Lagos on Saturday.

Odoh said the company as a leading player in the digital transformation of energy management and automation is leveraging the Internet of Things (IoT), co-sponsored a power national conference.

According to him, there cannot be efficiency and profitability in businesses without uninterrupted power supply.

The News Agency of Nigeria (NAN) reports that currently Nigeria generates 3, 200 megawatts of electricity according to the Federal Ministry of Power, Works and Housing.

Odoh said the company’s intervention was to ensure that digital micro-grids are used in powering commercial and industrial businesses for national economic growth.

He also said some communities had benefitted from the off-grid power.

“Schneider Electric has been providing energy management solutions to key markets across West Africa with 50 per cent of Nigeria’s transmission and distribution substations using its solutions to deliver safe and reliable power to homes and businesses.

“Our EcoStruxure solutions are leveraging the IoT in order to ensure efficiency and profitability and our technology is driven to ensure that.”

NAN learnt that of a global turnover of 24.7 billion pounds in 2017, five per cent of Schneider Electric’s revenue is dedicated to research and development.

Mrs Viviane Mike-Eze, the Marketing Communication Manager, also said as part of Schneider Electric’s corporate social responsibility and local content development, it has begun energy training for some Nigerians.

“In the past two months, we have sponsored the training of STEM girls with Visiola Foundation in solar energy, rewarding the top students with a two-day discovery trip to Schneider Electric facilities and technology centre.

“We have also donated electrical training equipment to the University of Ibadan with a continuous training of trainers to ensure that the equipment is put to good use,” she said.

Tags: power supply
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