The Energy Energy Transition Plan is set to be launched. With support from United Nations and other Development Partners, this bold plan will present an opportunity for the private sector to step up and make a difference and be pioneers in creating new markets; as well as provide an opportunity for the government to announce new opportunities to attract results based financing
Kano CARES project distributes solar-powered water pumps to farmers
The Covid-19 Action Recovery and Economic Stimulus (CARES) programme, a Word Bank assisted-project, has bought solar-powered water pumps, worth N33 million, for distribution to farmers in Kano State. The project’s Technical Officer, Mr Nasidi Datti, disclosed this on Sunday in Chidari, Makoda Local Government Area…
Tariff Shortfalls: Osinbajo Inaugurates NELMCO Board
The Vice President Professor Yemi Osinbajo, has inaugurated newly constituted board of the Nigeria Electricity Liability Management Company (NELMCO) to enhance ongoing efforts to resolve liabilities relating to tariff shortfalls for power distribution companies (DisCos) across the country. According to…
Africa Energy Week 2022 gets Rystad Energy as Official Intelligence Partner
The African Energy Chamber (AEC) has announced a partnership with multinational energy market research firm, Rystad Energy, as the official Intelligence Partner of African Energy Week (AEW) 2022 – Africa’s premier event for the oil and gas sector, which will…
More Nigerians embrace renewable energy in first Qtr of 2022- Experts
Experts in renewable energy on Wednesday said that more Nigerians embraced the use of renewable energy in the first half of 2022 due to poor electricity supply and increase in prices of petroleum products. In separate interviews with the News…
Ncondezi Energy launches solar and BESS feasibility study in Mozambique
Ncondezi Energy Limited has provided an update on its solar photovoltaic and Battery Energy Storage System (BESS) project in Tete, Mozambique, being carried out through its wholly owned green energy subsidiary, Ncondezi Green Power Holding Ltd. The Solar Project will…
NNPC Transitions into Limited Liability Company, Promises Better Corporate Governance
The inauguration of the Nigerian National Petroleum Company Limited is poised to reshape the oil and gas industry in Nigeria and serve as a model for other National Oil Companies all over the world. This was contained in a statement…
Lekela Power sold in “Africa’s biggest renewable energy deal”
Actis and Mainstream Renewable Power have sold Lekela Power to the Infinity Group of Egypt and the Africa Finance Corporation (AFC). With an installed wind power capacity of 1 GW, Lekela Power is Africa’s largest pure-play renewable energy independent power…
57% electricity consumers on estimated billing, says NERC
By Solomon Asowata The Nigerian Electricity Regulatory Commission (NERC) says 57.07 per cent of electricity consumers in the country were still on estimated billing as at September 2021. NERC made this known in its Third Quarter Report 2021 obtained on…
Pan-African coalition ‘ll advance just energy transition — Osinbajo
By Chijioke Okoronkwo Vice President Yemi Osinbajo says a Pan-African position articulated and promoted by leaders of the continent on global Net-zero emissions target by 2050-2060, will further advance quest for a just energy transition. Osinbajo’s spokesman, Laolu Akande, in…
