• July 27, 2024
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REA Partners Five Firms to Deliver 1,265MW of Renewable Energy in Nigeria

REA Partners Five Firms to Deliver 1,265MW of Renewable Energy

July 6, 2024

The Rural Electrification Agency (REA) has entered into a Memorandum of Understanding (MoU) with five companies specializing in renewable energy to improve access to electricity in Nigeria. This collaboration is expected to provide a combined capacity of 1,265 megawatts (MW) from renewable sources. The agreements were made between REA and five companies: A4&T Power Solutions, […]Read More

Africa50 Pledges $100m to Boost Africa’s Renewable Energy

Africa50 Pledges $100m to Boost Africa’s Renewable Energy

June 27, 2024

Africa50, a leading pan-African infrastructure investment group, has pledged $100 million to accelerate renewable energy projects and infrastructure across Africa. This $100 million investment stems from a collaboration agreement between Africa50 and the International Renewable Energy Agency (IRENA). The funds will be managed through IRENA’s Energy Transition Accelerator Financing (ETAF) platform. IRENA revealed that the […]Read More

All On Grants $395,000 to Ceesolar Energy for Niger Delta Mini-Grid Power Project

All On Grants $395,000 to Ceesolar Energy for Niger Delta

June 21, 2024

All On, a Shell-funded Nigerian impact investment company, has awarded a $395,000 grant to Ceesolar Energy Limited in an effort to promote sustainable development and economic growth in the Niger Delta. All On, in a statement released on Thursday, said the investment marks the first beneficiary of the Niger Delta Grant program, a collaborative initiative […]Read More

EV Transition Targets Out of Reach Without More Copper Mines – IEF

EV Transition Targets Out of Reach Without More Copper Mines

May 15, 2024

Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to Joseph McMonigle, the Secretary General of the International Energy Forum. Copper is the most essential mineral for societal development, but growing electrification needs globally cannot be met if limited supplies of copper are taken […]Read More

TotalEnergies to Empower 100 African Startups in 2024 Contest

TotalEnergies to Empower 100 African Startups in 2024 Contest

May 13, 2024

TotalEnergies is poised to foster the development of 100 promising startup ventures across 32 African countries, with Nigeria prominently featured, through the fourth edition of the ‘Startupper of the Year Challenge.’ Adesuwa Adewole, General Manager, TotalEnergies Country Services, stated that the fourth edition of the challenge reaffirms TotalEnergies’ commitment to promoting innovation and entrepreneurship and […]Read More

Seplat Energy Appoints Eleanor Adaralegbe to Executive Director and CFO

Seplat Energy Appoints Eleanor Adaralegbe to Executive Director and CFO

April 29, 2024

The Board of Directors of Seplat Energy has appointed Eleanor Adaralegbe as Executive Director effective May 1, 2024. She will also be the Chief Financial Officer effective May 21, 2024.  According to the board,  Emeka Onwuka is set to retire as Executive Director of Seplat Energy effective May 1, 2024. The board revealed previously in the half-year 2023 financial […]Read More

World Bank, AfDB Partner to Electrify 300 million Africans by 2030

World Bank, AfDB Partner to Electrify 300 million Africans by

April 18, 2024

The World Bank and the African Development Bank (AfDB) have announced plans to come together and provide access to energy for 300 million Africans by 2030. According to the Banks, the plan will cost around $30 billion and is to be funded by the World Bank through the International Development Association (IDA) and the AfDB […]Read More

NERC Orders 10% Embedded Generation for DisCos by 2025: Analyst Insights

NERC Orders 10% Embedded Generation for DisCos by 2025: Analyst

April 1, 2024

The Nigerian Electricity Regulatory Commission (NERC) has mandated all electricity distribution companies (DisCos) in Nigeria to procure at least 10 percent of their contracted energy offtake from embedded generation sources, half of which must be procured from renewable energy sources. This is expected to be made available by April 1, 2025. For example, Abuja Disco […]Read More

Egypt Secures $40 Billion Investments in Green Hydrogen Deals

Egypt Secures $40 Billion Investments in Green Hydrogen Deals

March 1, 2024

Egypt has inked seven memoranda of understanding (MoUs) with international developers in the green hydrogen and renewable energy domains. These agreements, poised to attract investments totaling approximately $40 billion over the next decade, mark a pivotal step in Egypt’s ambitious green energy agenda. According to Planning Minister Hala al-Said, the investment landscape is set to […]Read More

Eskom’s Expired Quotes Hinder South Africa’s Renewable Plans

Eskom’s Expired Quotes Hinder South Africa’s Renewable Plans

January 17, 2024

Eskom, South Africa’s main power supplier, recently announced the expiration of budget quotes for integrating four projects into the grid under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP). Initiated in 2020 to tackle the country’s energy issues, RMIPPPP sought to secure 2,000MW from diverse dispatchable technologies, such as gas, solar PV, wind, battery […]Read More

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