POWER UPDATES

The 11 power distribution companies on Monday said that new electricity tariffs would be effective from April 1 and not January 1 as earlier speculated. The DisCos under aegis – Association of Nigerian Electricity Distributors (ANED)…

…electricity consumer groups kick The Nigerian Electricity Regulatory Commission (NERC) says no tariff increase has been approved by the commission yet. The General Manager, Public Affairs (NERC), Mr Usman Arabi made the…

The Lagos State Governor, Mr. Babajide Sanwo-Olu has disclosed the plan by his Government to expand the capacity of the State-owned Independent Power Plant (IPP). Sanwo-Olu said his administration will be harnessing private investment…

Amidst myriads of problems confronting the Nigerian power sector, electricity workers under the aegis of the National Union of Electricity Employees (NUEE) have threatened to embark on nationwide strike if their demands are not met. The…

Within a space of seven days, the Nigerian power sector recorded about N13 billion loss due to constraints arising from insufficient gas supply, distribution and transmission infrastructure. According to statistics obtained from the…

Enugu Electricity Distribution Company (EEDC) has indicated plans to phase-out smart card pre-paid meters in South-East effect from January 1, 2020. The EEDC Network Manager, Mr Jyotirmaya Lenka in letter dated December 16 and sneaked…

President Muhamadu Buhari has approved the appointment of Ahmad Salihijo Ahamd as the Managing Director and Chief Executive Officer of Rural Electrification Agency. The Special Adviser, Media and Communication to the Minister of Power,…

The global offshore wind market will rise from 23.2GW at the end of 2018 to hit a cumulative capacity of 142 GW by 2030, according to new research. And the key player in growth will be the UK, says the study from analytics company…

...Nigeria missing from the list Five African countries have been identified by the International Renewable Energy Agency (ARENA) as driving growth in renewable energy sector. The countries in the list confirmed by the International…

A Nigeria based renewable energy startup, Rensource, has confirmed getting $20 million in Series A Equity Round. This represents the largest ever funding for a Nigerian renewable energy start-up., a statement said last weekend …

Nigerian Electricity Regulation Commission (NERC) has released its 2019 Second Quarter Report, indicating that Eko Electricity Distribution Company (EKEDC) recorded the highest remittance efficiency of 43.3% in the period under review. …

Courtesy of PowerGen Renewable Energy Nigeria, a subsidiary of PowerGen, the people of Rokota, a town n Niger state, Nigeria, now have a source of electricity supply. The company installed a solar mini-grid, equipped with an electricity…

Last week, the National Union of Electricity Employees (NUEE) threw the nation into darkness in a one day warning strike. They departed the protest ground with a threat to resume the strike if government failed to meet their demands. …

The African Development Bank (AfDB) Investment Fund has signed an agreement with Africa50, and Power Africa, a US government-led initiative for access to electricity in Africa. The purpose of this agreement is to attract investment in…

..……Report to be ready in four weeks The Nigerian Senate has mandated its Committee on Power to investigate the activities of power generating and distribution companies with a view to unraveling the cause of unsteady power supply in…

The African Development Bank (AfDB) has announced a commitment towards changing the current narrative of Africa having the lowest electricity financing rate in the world. Currently, only 17% of the world's resources in the sector were…

Equatorial Guinean Energy Minister Gabriel Obiang Lima has announced that the country will offer 7 or 8 blocks of oil exploration before the end of November.Agence Ecofin yesterday quoted Obiang saying that these perimeters will be added…

…..Ready to Support Africa on Its Energy Journey The US has sounded clear of the plan to widen its energy space in Africa working with intending and existing U.S. companies doing business in Africa. The US also said it is willing to…

The Nigerian Senate has assured that it will insist on accountability and transparency in the power sector, particularly in the application of funds proposed for it in the 2020 budget. Addressing the delegation of the Niger Delta Power…

…Also opened a 100% solar powered school Morocco has opened Africa’s first solar village in Id Mjahdi, located in northwestern part of the country. An educational facility also powered by solar energy and 100% autonomous was also…