Browsing Category
POWER SECTOR
COP27: Group Urges Nigeria To shift Investments Toward Renewables
A civil society organisation (CSO), Don’t Gas Africa, has called on Nigeria and other African countries to abandon investment in oil production and focus on renewable energy.
Speaking yesterday in Sharm El-Sheikh at the sidelines of the…
Tanzania Plans To Achieve 90% Clean Energy In 10yrs
Tanzania has introduced a fresh, sweeping climate package that would increase access and use of clean energy by between 80 and 90% during the next 10years.
Announcing the innovation last Tuesday, President Samia Suluhu Hassan, said the…
WAPP Board Adopts 2023 Working Document, Budget
Chairman, executive board of West African Power Pool , Mr. Dr. Sule Abdulaziz has expressed satisfaction with the 2023 work programme and budget for the year 2023.
The executive board of WAPP, at the 55tth ordinary session held in…
Renewable Energy Investment Must Triple By 2030 – IEA
The International Energy Agency (IEA) has said that investment in renewables must more than triple to $1.3trillion annually by 2030 if the world is to reach net-zero emissions by 2050.
In its World Energy Outlook 2022 released…
TCN Energizes New 150mva Interbus Transformer in Delta IV Substation, Ugehelli
The Transmission Company of Nigeria (TCN) announced yesterday that it had successfully installed and energized a new 150MVA 330/132/33kV Interbus transformer (IBTR) at Delta IV Transmission Substation, Ughelli, Delta state last Sunday, and…
Nigeria Has the Highest Energy Deficit in Africa – World Bank
...90million Nigerians not linked to the national grid
World Bank has said that Nigeria has the highest energy deficit on the Africa continent, and that over 90 million people are not linked to the national grid.
Speaking at a…
Côte d’Ivoire Secures $10.53m From AfDB For Electricity Access
…targets approximately 500,000 inhabitants in 739 localities
African Development Bank has approved $10.53 million in financial support to Côte d'Ivoire. It will enable the country to connect 739 rural localities to clean, affordable…
Nigeria: New Model Enables Utilities to Provide Reliable Power to Large Industrial Customers
A new RMI and Abuja Electricity Distribution Company (AEDC) report shows how electric utilities and distributed energy resource (DER) developers in Nigeria can collaborate to provide large commercial and industrial customers with reliable…
Report Says Renewable Energy Sector Adds 700,000 Jobs Worldwide
…As U.S. trails China in the sector
International Renewable Energy Agency (IRENA) in collaboration with the International Labour Organization (ILO), have released a report stating that worldwide employment in renewable energy reached…
Baze University, Abuja Gets 5 Megawatt Solar Electricity
...Project will save the varsity 3000mt metric tonnes CO2 emissions.
Africa’s acclaimed fastest-growing solar power company, Rensource, is installing a 5-megawatt solar facility at the Baze University, a private tertiary institution in…
ECOWAS ERERA, IRB Commit to Deepening Regional Power Trade
The ECOWAS Regional Electricity Regulatory Authority (ERERA) and the Independent Regulatory Board (IRB), the regulatory arm of the Eastern African Power Pool (EAPP), have memorandum of understanding (MOU) to exchange managerial and…
Empower Secures $74m For Solar Power Access To 50 Firms In Africa
Norwegian investment company, Empower New Energy has raised from impact investors $74million for the financing of the solar projects in Africa.
The money is part of a funding round led by Climate Fund Managers (CFM), the manager of…
Côte d’Ivoire Secures $10m ADF Loan For Electricity Access
African Development Fund (ADF) has approved $10.53 million in financial support to Côte d’Ivoire for the implementation of its rural electrification programme.
The ADF is the concessional financing window of the African Development Bank…
Solar Energy Service Jobs in Nigeria To Double By 2023
Rising demand for solar power would likely drive a more than two-fold jump in the number of Nigerians working in the renewable energy sector by 2023, a report has said.
According to the report by Power for All, a global coalition…
Nigeria Hopes On $3bn World Bank Loan To Rescue Failing Power Sector
Nigeria is looking towards a $3billion World Bank loan to tackle mounting debt in the power sector that risks the collapse of companies running the national grid.The country, with over 200 million people is battling to meet its electricity…
Electricity Workers Strikes Hit France’s Power Output
……….As Unions Take on Macron
A 24-hour strike yesterday got France's troubled energy sector another setback as it reduced the country's nuclear and hydroelectric output.Electricity union called out its workers on strike on a day of…
Catastrophic Grid Failure Causing Widespread Blackouts In Nigeria
Nigeria's national electricity grid woes show no signs of abating with the grid collapsing again on Monday, leaving many parts of the country without power. Nigeria’s national power grid has collapsed at least four times this year, with…
At LCCI Forum, Obi Pledges to Ensure Total Privatisation of Power Transmission
The presidential candidate of the Labour Party, Mr. Peter Obi, yesterday told leaders of Nigeria’s organised private sector that his administration would totally liberalise the entire power sector value chain, including transmission, to…
HDF Energy to Light Up Africa’s First Hydrogen Power Plant by 2024
HDF Energy, French independent power producer, has said that its green hydrogen power plant in Namibia, Africa’s first, would start producing electricity by 2024.
The company said yearly it can produce 142 gigawatt hours, enough for…
Juwi Takes Over S/Africa’s De Aar 1 Solar Power Plant
The South African subsidiary of the German company, juwi has won the contract of the operation and maintenance (O&M) of the De Aar 1 solar power plant. The 85 MWp plant is owned by Solar Capital.With a capacity of 85 MWp, De Aar 1 is…