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Power
Firm offers investors stake in 3MW electricity generation plant from animal waste
Word Impact Renewable Energy (WIRE), a biogas firm, said it had signed a Memorandum of Understanding with pig farmers at Oke Aro, a Lagos suburb, to use animal waste generated on the farm…
FirstBank, Azuri sign agreement to ramp off-grid power to underserved Nigerians
Nigerian lender, First Bank and Azuri Technologies, a distributed renewable energy firm have signed a partnership agreement in Lagos on Thursday, February 7, that will see the solar company…
Bank of Industry, All On offer N1bn financing to off-grid developers
The Bank of Industry (BOI), a Nigerian development finance Institution and Shell-seeded All On, an impact investment firm, have signed a financing agreement which offers N1billion to…
Africa ramps up solar home systems, Nigeria should too
According to the Global Off-Grid Lighting Association (GOGLA) five Africa countries including Kenya, Mozambique, Rwanda, Tanzania, and Uganda represent around 45 percent of the global…
Solar energy rise fails to impress Nigerian lenders
Nigerian commercial banks are not impressed enough to commit resources into the burgeoning commercial and industrial solar market in Nigeria offering costly facilities for developers in the…
Regulation allowing direct purchase of electricity from producers flounders 2 years…
By May this year, it will be two years since Babatunde Fashola, minister of Power, Works and Housing, declared the eligible customer regulation which allows consumers of electricity above…
How to unlock N2.8 trillion annual revenue opportunity in Nigeria mini-grids
With approximately 55 percent of Nigeria’s population lacking access to electricity, a rate that has not improved over the last five years, there is a huge opportunity for the country’s…
Can NERC’s raft of metering policies unlock over N138bn investment opportunity?
Ten months after the Meter Asset Providers regulation was supposed to have kicked off, the Nigerian Electricity Regulatory Commission (NERC), electricity sector regulator appears to be…
2019 is year of electric vehicles, not sure Nigerians know
Since Ben Murray-Bruce, the senator representing Bayelsa East senatorial district and chairman of Silverbird Group drove his swanky electric Kia car to the company’s Man of the Year Awards…
Incessant system collapse cause of general blackout in Nigeria
The current power outages experience across the country has been attributed to increasing waves of Power System Collapses and System Disturbances across the transmission value chain.
The…