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    CATEGORY

    Power

    The ‘world’s most powerful tidal turbine’ starts to export power to the grid

    The news marks another major step forward for the U.K.’s nascent marine energy sector. While interest in marine-based energy systems appears to be growing, the...

    Thermal coal prices soar as global demand for electricity rebounds

    Popularity of fossil fuel as a stopgap to generate power reveals difficulties of clean energy transition

    AfDB receives $170.9 climate fund boost for energy access framework

    By Temitope Ponle Abuja, July 7, 2021 The Board of Green Climate Fund (GCF) has approved $170.9 million dollars in financing for the African...

    Transcorp Energy Plans Alternative to Nigeria’s Power Woes

    Abuja, Nigeria June 29, 2021; Transcorp Energy Limited, a subsidiary of Transnational Corporation of Nigeria Plc, one of Nigeria’s leading power producers, announced an...

    TotalEnergies says investments in Nigeria tend more toward renewables

    By Solomon Asowata Lagos, June 23, 2021 TotalEnergies says its investments in Nigeria will tend more toward renewable sources of energy as the company moves...

    IKEA, Rockefeller foundations pledge $1 bln in renewables investment In Nigeria, India and Ethiopia

    June 22 - IKEA Foundation, the charitable arm of the world's biggest furniture retailer, and the Rockefeller Foundation said on Monday they plan...

    FSD Africa Investments invests $4.5m in Nithio FI, to support the scale up of off-grid energy access in African markets.

    Funding contributes to Nithio FI’s first raise of US$23 million to scale off-grid energy financing in Kenya, Nigeria, and Uganda. Lagos, June 22, 2021 –...

    Clean Energy Projects: Fund achieves first close at €130m

    By Temitope Ponle Abuja, June 18, 2021 The Africa Renewable Energy Fund II (AREF II) has achieved its first close at 130 million euros, according...

    NNPC, Egbin collaborate to boost gas-to-power programme

    By Solomon Asowata Lagos, June 14,2021 The Nigerian National Petroleum Corporation (NNPC) and the Egbin Power Plc have pledged to deepen collaboration to ensure the success...

    Nigeria plans to export idle electricity to neighboring countries

    Niger, Togo, Benin and Burkina Faso are collaborating to buy the unutilised power produced in Nigeria, the Chairman of the Executive Board of the...

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