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Power
Electricity grid collapse second time in 26 days
The national power grid has collapsed for the second time in less than a month, worsening the blackout being experienced by households and businesses in parts of Lagos, Ogun, Kaduna, and…
Revenue Pathways in the Off-Grid Solar Industry 2: Non-Technical Paths
Glory is the founder of Renewable Energy Technology Training Institute (RETTI) and the RETTI Virtual University.
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Many people are becoming more aware of the opportunities in the solar industry in Africa. Apart from the opportunities in adopting the different forms of off-grid solar solutions for…
Nigeria’s idle gas projects can leverage $53trn fund
In a world where funding for fossil fuel investment is waning, global Environmental Social and Governance (ESG) fund projected to hit $53 trillion by 2025 can present a system of autarky for…
Two federal ministries exit national power grid, deploy solar project
Amid poor power supply in the country, two federal ministries—works and housing, and environment and lands—have installed 1.52 MegaWatts solar systems that would provide uninterrupted power…
Power in Nigeria: ‘The Decade of Gas’
The world’s population is exploding – literally. The world's population is estimated to reach 9.8 billion in 2050, and this increase is expected to be accompanied by a commensurate increase…
Egbin power seeks $2bn in equity and debt to double output
Nigeria’s Egbin Power Plc, the biggest in Africa’s most populous nation, is to raise $1.8 billion to more than double generation capacity as it seeks to boost output and export electricity…
Huge gaps exist between rich countries’ renewables targets and actions – REN21
The world’s most industrialised nations who are also the planet’s biggest polluters, barely met or even missed their unambitious renewable energy targets, a new report by REN21, a global…
World Bank bets $465m on renewable energy integration in Nigeria, others
In order to expand access to grid electricity to over one million people and increase renewable energy integration in West Africa, the World Bank’s Board of Executive Directors has approved…
NDPHC, EKEDC sign MoU to add 300mw to Ibeju-Lekki
The Niger Delta Power Holding Company (NDPHC) Ltd has signed an agreement with Eko Electricity Distribution Company Plc (EKEDC) to deliver 300 megawatts of power to Ibeju-Lekki and other…
Stanbic Bank lines up $100m to fund renewables in Nigeria
The manager of Nigeria’s biggest pension fund is to commit $100m in financing for the renewables sector but it’s also embracing solar energy for the good of its own business.
Stanbic IBTC…