PANA Holdings Expresses Interest in Building Decarbonised Technology Manufacturing Facility

PANA Holdings has expressed  interest in building renewable energy and allied decarbonised technology manufacturing facilities in Nigeria’s green industrial zone, the Evergreen City.

According to Leadership Newspaper, this was disclosed by Ajuri Ngelale, media aide to President Bola Tinubu.

Ngelale, who is the Envoy on Climate Action and country’s Lead Representative on all Climate related matters, made this known while addressing journalists in Abuja on ongoing efforts at engaging innovators and entrepreneurs in repositioning the nation’s renewable energy technology manufacturing industry.

Ngelale, who met with  Chairman of PANA Holdings, Mr. Daere Akobo and the German DHM, Johannes Lehne, disclosed that PANA Holdings  indicated investment interest with the support of the German government in the decarbonisation of Nigeria’s electric power grid, an ongoing agreement between Siemens and PANA Infrastructure.

“Before moving swiftly to catch a plane to Geneva, Switzerland, on Tuesday morning, I relished a technical discussion with prized innovator and entrepreneur, Mr. Daere Akobo, in the presence of the German DHM, H.E. Johannes Lehne and the team from PANA Holdings.

Akobo’s organisation is one of Nigeria’s core indigenous EPC companies with the sustained technical competence to qualify for high-level partnerships with German industrial conglomerates across oil & gas, electric power, and other critical sectors,” he said.

Listing other areas of industrial manufacturing opportunity, Nigeria’s Chief Diplomat on Climate matter, mentioned the Orcan Waste Heat Recovery Technology which involves the conversion of unused and waste heat energy from engines and industrial facilities into immediately usable clean electricity.

He further listed the Amplified Geochemical Imaging (AGI) and the Multiphase Pumping Technology.Technology that is deployed to help reduce gas flaring.

Other investment areas include Climate-Smart Agriculture Infrastructure Manufacturing.

He explained that this entails production and deployment of instruments to support the local supply chain that will undergird integrous greenhouse farming.