Bavijas Consulting

Since 2010, the global average cost of solar electricity has fallen by ~90%, and breakthroughs are likely to push it further. Solar is now one of the fastest-growing renewable energy sources in the world, thanks to the many people who continue to dump fossil energy yearly. Though solar power is steadily growing in the country, most Nigerians can't afford it due to the high cost of the #solar PV system caused majorly by an unfavourable foreign exchange (FX) regime amidst very low domestic solar panel manufacturing capacity. Nonetheless, our calculation at Bavijas Consulting shows that Nigerian homes and businesses that overcome the upfront cost of installing solar systems will reach their breakeven point in about five years, helping them cut electricity costs significantly over 25 years. Attached below is me at a site installing a 1KVA solar inverter system for a bachelor somewhere in Uyo, Nigeria. Uyo hasn’t had grid electricity for four days now and still counting. And many homes are already thinking of solar power. For your quality solar installation in Akwa Ibom and environs, reach out to me. #Bavijas

News Release The US DOE Loan Programs Office has announced a conditional loan guarantee of up to $1.45 billion to Qcells North America, a leading North American crystalline silicon solar manufacturer. The news was published in a post by Solar Power World on August 8. The loan guarantee will support Qcells’ solar supply chain facility in Cartersville, Georgia, which will produce ingots, wafers, cells and finished solar panels. The site is expected to begin producing ingots, wafers, cells and panels in late 2024. The 3.3-GW solar panels/year project will be the first fully integrated silicon-based #solar manufacturing facility constructed in the US in over a decade, as well as the largest ingot and wafer plant ever built in the US meant to produce critical but missing parts of the domestic solar supply chain. Mind you, the US largely depends on solar cells and panels produced in China and Southeast Asia. #Bavijas

Perovskite is gradually replacing silicon-based solar panels. Scientists at Oxford University have found an approach that could generate more solar power from perovskite without the need for more silicon-based solar panels. They simply stacked many light-absorbing layers into one #solar cell that harnesses a wider range of light spectrum from the same amount of sunlight. The ultra-thin, multi-junction material approach can provide over 27% conversion efficiency, matching conventional single-layer silicon panels. With time, the approach will outperform PVs as the efficiency is expected to go up, above 45%. Strikingly, this new material, 150 times thinner than a silicon wafer, can be applied as a coating on the surface of day-to-day objects like mobile phones. Since 2010, the global average cost of solar electricity has fallen by almost 90%, with technological innovation promising further cuts in the near future. Read more: https://lnkd.in/dU7dhMWA Fact: Silicon-based solar panels represent over 95% of all panels in today's market. #Bavijas

The world may seem more divided now than ever before, but there are still some people out there who never grow tired of supporting NonProfits and their causes in underserved communities. Every year, billions of dollars keep rolling out to NonProfits for one thing the other. Most of that money comes from four (4) major sources including corporations, foundations, individuals and bequests (or wills). In 2023, Candid reported that individuals contributed the most to NonProfits, giving over $374 billion, followed by foundations at $103 billion, bequests at $42 billion and corporations at $36 billion. This testifies to the fact that humanity still exists. The easiest tell here is Mr Philemon Olusegun, a UK-based health and safety consultant, who has been a regular supporter of our energy education cause at Bavijas Consulting. No one has ever become poor by giving. They say that givers never lack. Don’t stop giving. Keep giving. Give!

The European Council and the European Parliament recently passed the Right-to-Repair (R2R) directive, obliging manufacturers to provide repair services for broken or defective goods even after their warranty period expires. #CircularEconomy #Bavijas #Sustainability Stand Out For Environment Restoration (SOFER) Initiative

ExxonMobil is always in front 😂

How does hydraulic fracturing “fracking” contribute to earthquakes? That's the question that citizens of Texas, USA are trying to answer as the state witnessed an unprecedented over 100 earthquakes in just nine (9) days. In our latest article published just a few minutes ago, we put that costly question to rest. Bottom line? Earthquakes in Texas are almost 99% likely to be linked to oil and gas operations. Read the article here: https://lnkd.in/dNAqAnSu #Texas #Energy #Bavijas #Fracking #Earthquake

The ExxonMobil-led Guyana consortium is indeed making things hard for Chevron, as the latter’s upstream CAPEX slides downwards. See attached chart. As a result, Chevron’s Q2 2024 earnings have been negatively impacted by the legal tussle over Hess Corporation, now expected to be over by mid-2025. Plus, Chevron plans to move its headquarters from California to Texas for some reasons, one of which includes pressure from climate alarmists. 📷 Reuters #energy #chevron #hess #bavijas

Happy birthday, Mr Favour Brodrick! Brodrick is an indigene of Edo State (Nigeria) and a graduate of Mechanical Engineering from the Lagos State Polytechnic. He is a renewable energy enthusiast keen on sustainability and how it impacts human development. He's been contributing immensely to energy discussions. Please, send him your love and wishes. #Bavijas #Birthday #Celebration

Do oil and gas operations have the potential to cause earthquakes? This post tries to answer that question.