Rising geopolitical tensions, surging energy demand and growing fossil fuel market volatility are reshaping the global energy landscape, opening a new phase of the global energy transition centered on electrification, renewable power and the accelerated transition away from fossil fuels.…
Renewable Energy
REA, Partners Launch $188m Green Finance Facility to Deliver 191MW Solar Capacity in Nigeria
The Rural Electrification Agency (REA), alongside UK PACT, FCMB, and ARMHIIL, has launched a $188 million Green Finance Investment Facility (GFiF) to finance 191MW of distributed solar capacity across Nigeria. The initiative supports the DARES programme and aims to expand clean energy access, mobilise private investment, and accelerate Nigeria’s renewable energy transition.
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
PHOTO: President/CE, Dangote Group, Aliko Dangote with CEO, Norges Bank Investment Management, Nicolai Tangen The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment…
NCDMB Holds Capacity Training To Bridge Skill Gap In Nigeria’s Power Sector
In a significant step towards addressing the skill gap in Nigeria’s power sector value chain, 72 trainees have successfully completed a three week Human Capital Development Training in Solar Panel Installation and Maintenance. The program, held in Lagos, was organized…
24/7 Renewables Outcompete Fossil Fuels on Costs Inbox
New IRENA report confirms the cost-competitiveness of round-the-clock renewable power through hybrid solutions of solar and wind with battery storage. Solar and wind energy paired with battery storage are reliable and already today deliver cost-effective, round-the-clock electricity, according to…
DBSA Backs $750m Climate Fund as Africa Loses Up to 5% of GDP Annually to Climate Shocks
Africa’s push to climate-proof its infrastructure has received a major boost as the Development Bank of Southern Africa (DBSA) commits to the $750 million Infrastructure Climate Resilient Fund (ICRF) managed by AFC Capital Partners, the asset management arm of the…
Nigeria Hits 300MW Solar Manufacturing, Targets 3.7GW Pipeline — REA MD
Mozambique, Benin, Niger and others begin adopting Nigeria’s REA electrification model Nigeria has expanded its local solar manufacturing capacity to 300 megawatts (MW), up from 120MW just two years ago, with an additional 3.7 gigawatts (GW) in the pipeline, according…
Energy Times Awards: Abba Aliyu Honoured for Transparency, Driving Renewable Energy Impact at REA
In a recognition that underscores a growing shift toward accountability and impact-driven governance in Nigeria’s energy sector, Abba Aliyu, Managing Director of the Rural Electrification Agency (REA), has been awarded the Energy Times Award of Excellence for transparency, efficiency, and…
Moving from Energy Crisis to Energy Security with Renewables – IRENA Policy Brief
The strategic deployment of renewables has provided enhanced resilience in the face of the current energy crisis by a number of countries, according to a new policy advisory from the International Renewable Energy Agency (IRENA). The brief, aimed at policy…
Near-700 GW Surge in 2025 Proves Renewable Energy Resilience – IRENA
A new report by the International Renewable Energy Agency (IRENA) had disclosed that 2025 marked another record for installed global capacity, signaling countries to strengthen energy security with domestic renewable sources According to the report, 2025 saw total renewable power…
