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Power
Solar power now competing for lands, holds lesson for Nigeria
The usage of solar energy is one topic that excites Nigerian, though majorities see it as a mirage because of the cost.
The reason why some discerning Nigerians are interested in it, of…
Nigeria’s commercial and industrial solar capacity stood at 20MW in 2018 –…
With significant opportunities for off-grid and mini-grid power, thanks to relatively high level of economic activity, and latent demand a new study has explained why Nigeria’s Commercial…
CrossBoundary Energy Access announces first close on $16m facility for mini-grids
CrossBoundary Energy Access (CBEA), Africa’s first project financing facility for mini-grids, has announced its launch, with funding commitments from The Rockefeller Foundation and Ceniarth.…
TCN insists that it transmitted 5,000mw
The Transmission Company of Nigeria (TCN) has insisted that the country generated 5,000 megawatts of electricity on February 7,2019 but that the challenges of distribution companies …
Solar investment declines to $130.8bn in 2018- Bloomberg New Energy Finance
Globally, Total investment in solar dropped 24percent to $130.8 billion due to declining capital costs as well as a sharp change in policy in China in mid-year, according to a report by…
‘Govt should order DISCOs to provide pre-paid meters to consumers’
Charles Okeke Odiuko is an administrator, a business man and chairman of the Tshabron Group with its headquarters in Owerri, Imo State. In this interview SABINUS ELEMBA, Odiako says that…
Oil majors scramble for seats on cleaner energy train
Oil majors are seeking to reduce their net carbon footprint by investing in gas fields and buying up electric vehicle manufacturing plants in response to demands for cleaner energy.
The…
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…