jacobscros: seems like u have some competition. .https://m.facebook.com/home.php?__user=199714991#!/SukaEnergyNigeriaLtd?__user=199714991. well as long as u guys fix the electricity in Nigeria. But what if government makes constant power supply a reality. Won't u lose all ur investment outlay

Hi Jacobscros

Thank you for your participation.

Our ultimate objective is to assist in not only creating a solution that solves the current energy deficit experienced by nigerians but ALSO does so at a reasonable cost.

The reality is the government is relying on private participation in the energy market in order to help solve the epileptic power outages.

You will note the introduction by PHCN of a tariff system and the price per kW increases in energy introduced in 2012. These prices were designed to be increased annually and include a flat fee that must be paid irrespective of your actual energy usage.

Even if we suspended reality momentarily and envisioned a Nigeria where the government did provide all energy needs (for completeness: this would be DECADES away if ever), the cost would be ENORMOUS. Alternate solutions, such as Solar, would be cheaper and would dominate the market in such a world.

This is easily 'proved' by noting the growing take-up of solar solutions in western countries who have uninterrupted energy supply already.

The current problem being faced by ordinary nigerians is VERY large and any honest and genuine renewable energy provider will be to the benefit of ordinary nigerians. Nigeria's optimal energy solution will involve a mix of energy sources and providers. Given Nigeria's abundant sunlight,solar energy would weight more heavily than other energy sources.

Regards,

Mudi

Good afternoon brothers and sisters.

My name is Mudi Ugono and am a Director of Solynta Energy. We are currently undertaking an energy survey aimed at individuals on the ground in Nigeria.

Please give up 1 minute of your time to complete the survey. It will help us help you defeat the epileptic power supply and reduce the grippling costs of electricity. As a 'thank you', we are giving away 2 kindles to two lucky winners chosen at random.

The reduction in energy costs will have a positive impact on the home.

For convenience, I attach the link to the survey below:

https://www.surveymonkey.com/s/HG357M8


For those who are interested to know more about solar energy please visit: www.solynta.com.ng


Thank you for taking the time to read this post.

Thank you Obua and all of those who took the time to read this thread. I have since found the information that I was looking for.

Thanks again,

Mudi

Good afternoon brothers and sisters.

My name is Mudi Ugono and am a Director of Solynta Energy. We are currently undertaking an energy survey aimed at individuals on the ground in Nigeria.

Please give up 1 minute of your time to complete the survey. It will help us help you defeat the epileptic power supply and reduce the grippling costs of electricity. As a 'thank you', we are giving away 2 kindles to two lucky winners chosen at random.

For convenience, I attach the link to the survey below:

https://www.surveymonkey.com/s/HG357M8


For those who are interested to know more about solar energy please visit: www.solynta.com.ng


Thank you for taking the time to read this post.

mrjingles:

My brother lets be realistic which average banker will ask about discount rate, efficiency ratios and all the other things that have been thrown around? The question they will ask is simple DOES IT WORK? I'm not the man selling the product, he's the only one who can answer that but to say they wil ask the same questions you are asking isn't true for a very large segment of customers. The major obstacle is the general skepticism about solar power. As for solyndra issue I will do a simple analogy, Lehman brothers failed, does that make investment banking a bad business? Enron collapsed, does that make the energy business a lousy business, Fisker is in meltdown so electric car is a dead business?
As the academics would say, the collapse of one company is not statistically significant to draw conclusions.

My friend, you are absolutely spot on. I've spent a number of years working as an actuary consulting multi-national companies in the City of London, Canary Wharf. Clients are not concerned with the complexities of actuarial mathematics! Their primary concern is on the result; what is the capital or profitability impact!

All too often those with a passion for a subject get bogged down with the details (which is natural given it's a passion) but sometimes lose sight that the majority of people are less interested.

Mudi

manny4life: Ok o, it's totally flawed, I agree but you haven't put forward a sound calculation other than assumptions



Again, according to you, here's your post again. I may not be good at explaining well how I mean, but there it is.

One simple question for you, if solar panels are able to generate 8,760Kw of power, and according to the bold, it has an average of 17% efficiency, (conversion of solar power into electricity), what will be the total conversion for the 8,760?

Thank you.

I suspect we're being somewhat academic here. Efficiency is about how much energy, given it's SIZE, solar panels can generate. For a given size, a 'high' efficiency panel can produce the SAME amount of energy for a bigger (LESS efficient)solar panel.

I suspect this is the rationale behind Barcholder including the dimensions of a particular set of solar panels in the example that was used.

tbaba1234: I am beginning to think you are a marketer not a technical person... Surely you must have thought that your claims would be disputed.

I have no doubt Barcholder expected to be challenged and rightfully so! Debate is healthy and a pre-requisite for growth!

I suspect the absolute figures are secondary to the relative cost between various energy sources.

tbaba1234:
The cost/kwh is definitely higher than what the
Op presented.

A word of CAUTION. We need to remember that the cost/kwh that many Western countries quote will include the cost of purchasing the equipment AND soft costs (e.g. paying Western salaries and other non-product costs). This is critical because these non-producted related costs account for circa 40% of costs thereby increasing the cost/kwh.

In Nigeria, non-producted related costs are a FRACTION of western equivalent prices, which can be passed across to customers thereby bringing the cost/kwh of Solar down.

This is REALLY IMPORTANT and should be factored into any discussion when price comparisons are being made!

tbaba1234:
What i am trying to point out is that, there is no way a solar panel can be cheaper than PHCN grid...

Photovoltaic energy is not economically dispatchable for a reason

But surely the price of any solar system (or any product for that matter) is a function of the price a supplier agrees to sell it for...?

cheddarking: Barcholder is not answering my question

Please re-post your comment. It has been 'lost' in the flurry of posts

Larrydee: A perfect balance of PHCN and renewable energy sources will be just fine.
PHCN when you require cooling (refrigerator, air conditioning) and solar when you need to power appliances with fairly low energy consumption. You can use energy saving bulbs (which consume far lower than regular bulbs yet emit practically no heat, whilst achieving the same lighting effect), flat screen TVs, rather than CRTs, etc.

That is a very good idea and would require any company in the Solar Energy space to supply a hybrid system that meant appliances derived its energy from the grid when it was 'on' and from the solar system when the grid was 'off'!

AjanleKoko:

I think you're the one who doesn't know what he's talking about.
My own residence (a 3-bedroom house) is equipped with five 2HP ACs, outside pump, pressure pump, 3 electric water heaters, deep freezer, fridge, 7KG washing machine, and all the regular electronics.

My peak power consumption daily is around 3.2KVA. That usually occurs between 7.30pm and 10pm every evening.
My inverter tells me this statistic because the power input into the house goes through the inverter. If I put on every single appliance in the house, it would shoot up to around 15KVA.

So how will your solar arrangement work for someone like me?

This is a very good question! It is important to appreciate that your inverter measures how much appliances (energy) you can use SIMULTANEOUSLY.

The solar panels capture the total amount of energy available EACH DAY.

A solar system would need to have sufficient solar panels to generate enough TOTAL energy to satisfy your daily energy needs. The inverter would need to be big enough such that your MAXIMUM/SIMULTANEOUS energy needs were met.

Any solar system you were to purchase would need to fulfil these TWO requirements!

Nigeria is historically a cash economy and so it is only natural to be put off at the 'high' initial costs of purchasing a solar. However, the costs become manageable if you are able to offer a financing package that allows you to pay the cost over time.

This will improve the affordabilty overnight for many nigerians and will reduce the dependence on petrol & diesel used to run generators. This cost will only rise once the fuel subsidy is removed. Conversely, the cost of solar is fixed and once paid for is the property of the purchaser.

Thank you for taking the time to reply. Google was my natural starting point but soon realised many of the generator sizes are large and focusses more on the business market.

I am not based in Nigeria (I am based in the UK) and was hoping ordinary nigerians who deal with generators on a daily basis would be able to pass on their knowledge to me.

I do not expect one person to be able to populate the entire matrix but as a collective we could achieve this most vital work.

I will nevertheless continue my google search but would appreciate any other contributions to this thread.

Thanks again.

Mudi

Hi good men and women

I am currently undertaking some research and was after the following piece of information

For the diesel and petrol generators run by Nigerian homes what are the consumption rates of the generators. (litres per hour or gallons per hour)

Below is an example template I am attempting to populate separately for petrol and diesel


Load level 1.25kva. 2.5kva. 3.75kva. 5kva. 6.25kva

0.25
0.5
0.75
1

Any information with this important piece of research will be much appreciated.

Thank you in advance for your help

Mudi