renewable energy
10 Feb
Worried by the rising temperature and prolonged droughts orchestrated by climate change, energy experts at Schneider Electric have called for energy transition, urging African countries to adopt renewable energy solution...
8 Dec
China is making solid strides in deepening the energy revolution, contributing to the global response to climate change noted that China’s investment in renewable energy has topped the world for seven years in a row. President Xi Jinping’s Special Representative, Ding Xuexiang disclosed this at the World Climate Action Summit (WCAS) in Dubai. He said…
27 Nov
As part of its contribution to resuscitate the Nigerian ailing economy, the KFW Development Bank has injected €25million into the Nigerian economy for the growth and development of micro, small and medium enterprises...
22 Nov
ARM-Harith Infrastructure Fund will boost investment in the electricity sector in Nigeria following the launch of AD Power HoldCo, which aims at investing in renewable energy equity financing.
20 Nov
The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy (RIPLE). The Authority said the initiative is dedicated to the development, investment, and operation of renewable energy projects across the entire value chain. With RIPLE, NSIA said it is positioned to expand energy access, enhance energy efficiency and ensure…
19 Nov
Governors of states in the North West region of the country have solicited the support of the African Development Bank Group (AfDB) to strengthen cooperation and unlock the country’s vast agricultural potential.
15 Nov
ARM-Harith Infrastructure Fund has announced the establishment of a distributed renewable energy equity financing platform, in AD Power HoldCo, that focused on off-grid and interconnected mini-grids as well as captive commercial projects sized at less than 1MW in Nigeria. The vehicle invests equity and quasi-equity instruments into companies holding projects with small to medium-sized renewable…
14 Nov
The Managing Director and Group Chief Executive Officer, Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has stated that the cost of renewable energy might hamper Nigeria and other countries on the continent with limited economic resources and adoption of clean energy. Kyari stated this at the Nigerian Association of Petroleum Explorationists' (NAPE's) 41st yearly…
8 Nov
Determined to reduce the impact of climate change in the Niger Delta region, Niger Delta Development Commission (NDDC) has expressed willingness to work with International Oil Companies (IOCs) and other development partners to increase investment in renewable energy projects. To achieve the target, Managing Director of NDDC, Dr. Samuel Ogbuku, said sustainable partnerships to drive the…
8 Nov
The Netherlands has launched a solar marketplace to connect businesses with opportunities and facilitate partnerships between public and private stakeholders to provide renewable solar energy in Nigeria. The solar marketplace launch in Lagos had in attendance leaders and investors in the energy sector from the public and private sectors. Consul general, the Kingdom of Netherlands…
6 Nov
Stakeholders in Nigeria’s electricity sector have bemoaned the slow pace of growth in electricity access, especially using decentralised renewable energy solutions.
25 Oct 2023
BERKSHIRE Finance Company Ltd., has partnered with Reohob Nigeria Limited to finance individuals and small and medium-sized enterprises in the acquisition and installation of renewable energy solar solutions.