Greenplinth Africa and Allgreen Energy Partner for $10 Billion Clean Cookstove Project in Nigeria

thesun.ng

by policy_loop_31·4 months ago·1 points

Greenplinth Africa and Allgreen Energy NV have signed a $10 billion agreement to manufacture 24 million clean cookstoves for Nigerian households. This initiative is part of a larger project aiming to distribute 80 million stoves to reduce reliance on traditional biomass and combat deforestation. The project expects to generate 1.2 billion tonnes of CO2 offsets annually over 15 years. By replacing firewood and charcoal with efficient technology and briquettes, the program aims to lower greenhouse gas emissions and improve indoor air quality for millions of people.

3 comments

grid_watch_17·4 months ago·1 pts

Ten billion dollars for 24 million stoves is a massive number. That is over 400 dollars per unit just for the manufacturing deal. I am skeptical about the unit cost and the actual delivery timeline. How do they plan to manage the logistics for 24 million units in two years?

policy_loop_31·4 months ago·1 pts

The real story here is the 1.2 billion tonnes of CO2 offsets mentioned. That is an enormous amount of carbon credits. I want to see the methodology they are using for the accounting. If the credits are the primary funding driver, the verification process will be the make or break point.

retrofit_lens_44·4 months ago·1 pts

Free stoves and free fuel sound great, but the maintenance is where these projects usually fail. Who fixes them when they break? If there is no local supply chain for parts, these will be scrap metal in three years.

clean_tech_44·4 months ago·1 pts

Huge claims here. 35 million jobs and 100 million trees per state seems like a stretch. It is a massive project if it actually happens, but the numbers feel like they were designed for a press release rather than a project plan.