The ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) and Nigeria’s Ministry of Power are set to host a forum aimed at achieving sustainable energy targets in the region. A statement by the Communication sector of ECREEE indicated that…
Renewable Energy
NBET signs MoU to boost investments in Nigeria’s power sector
The Nigerian Bulk Electricity Trading Plc (NBET) and Energy Exchange Istanbul (EXIST) have signed a Memorandum of Understanding (MoU) to boost commercial transactions and investments in Nigeria’s power sector. The partnership will help Nigeria improve commercial transactions and revenue collections…
Energy Transition takes centrestage at IRENA Investment Forum in Southeast Asia
First IRENA Investment Forum Kicks Off in Southeast Asia Accelerating energy transition through investment takes centre stage in cooperation with Indonesian G20 Presidency. The first-ever Investment Forum organised by the International Renewable Energy Agency (IRENA) takes place from 31 August…
Osinbajo Launches Energy Transition Plan; Says Nigeria needs $10 Billion a year to attain development ambitions
* $410 Billion to deliver Energy Transtion by 2060 * Complementary Launch of Universal Energy Grant Facility * Solar Companies urged to participate Nigeria’s Vice President, His Excellency, Prof Yemi Osinbajo is leading efforts towards an energy and development…
‘Optimism about pace of energy transitions is declining’, reveals WEC’s latest ‘World Energy Pulse’
Released today, the World Energy Council’s latest World Energy Pulse has revealed there is declining optimism about the pace of energy transition among global energy leaders as energy security increasingly reframes affordable climate security actions. This is based on findings…
Vice President, Yemi Osinbajo to launch Nigeria’s Energy Transition Plan
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…
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…