The European Bank for Reconstruction and Development (EBRD) has announced a direct equity investment of up…
Category: generation
Aviva, Astatine Launch €800m Energy Transition Platform in Ireland
Aviva Investors, the global asset management arm of Aviva plc, has partnered with Irish energy infrastructure…
NNPC Sustains Crude Production at 1.37mbpd from Q1-Q3 2025
The Nigerian National Petroleum Company Limited (NNPC) sustained an average crude production of 1.37 million barrels…
POWERCHINA’s Solar Project in Colombia Connects to Grid
The Guayepo III Photovoltaic Project in Colombia, built by POWERCHINA, achieved full grid connection on October…
DISCOs’ Revenue Hit 16.5% Despite Poor Power Supply
Nigeria’s power sector continues to stir debate. The Distribution Companies (DisCos) recorded a sharp 16.5% revenue…
Renaissance Capital Backs Nigeria’s $29.3bn Gas Transition Plan
Renaissance Capital has stated that Nigeria must raise about $29.3 billion to fund its gas transition.…
NREIF 2025 Sets Agenda for Localised Renewable Growth in Nigeria
At the 2025 Nigeria Renewable Energy Innovation Forum (NREIF), top industry executives, financiers, and government officials…
Kogi State Begins Phase One of Rural Power Expansion in Nigeria
Kogi State Governor Ahmed Ododo on Monday, October 20, launched the distribution and installation of 30…
Kano, Katsina, Jigawa Launch ₦50bn Tri-State Electrification Fund
Kano, Katsina, and Jigawa States will jointly establish a ₦50 billion Tri-State Electrification Fund in partnership…
Soaring Drilling Costs Undermine Nigeria’s Oil Growth
Nigeria’s high drilling costs threaten its lead in West Africa’s oil market, despite controlling 60% of…