NIGERIA: Nigerians Account for 10% of People Without Electricity in Africa – IEA Report

  770 million without electricity access in Africa Nigeria accounts for 10% of the total number…

Huawei to Deploy Digital Power Solutions for Africa’s Energy Challenges

  Huawei plans to be at the forefront of the clean energy transition. The company has…

Statkraft Provides $2.7m Solar Support to Support Energy Access in Africa

  Statkraft will provide energy access to millions across Africa via SolarAid. The RE developer will…

OneWattSolar Issues ₦10b Green Bond for Solar Energy

OneWattSolar has issued a $24.33 million Green Bond. The bond also includes a Green Sukuk Issue.…

GHANA: UNCITRAL Awards $170 Million Against Ghana for PPA Termination

UNCITRAL gives judgement against Ghana Awards $170 million for breach of PPA The United Nations Commission…

EDF Aims to Mobilise Diaspora Remittances For Rural Electrification

EDF has launched a new platform to support electrification in rural areas in Africa via diaspora…

Engie and Energy Web Launch “DeFi” Platform for Financing Off-Grid Clean Energy

Engie and Energy Web plans to launch a decentralised finance crowdfunding platform for clean energy projects…

IFC, Rockefeller Foundation to Unlock $2bn Private Funding for Distributed Clean Energy in Africa

Both organisations will mobilise up to $2bn in private sector investment. Funding will prioritise countries where…

British-Nigerian Team Develops Gravity-Based Storage System

The storage system is ideal for areas with high levels of solar radiation. The model is…

NIGERIA: Power Reforms Key to Economic Growth – World Bank

Power sector reforms crucial for economic growth, World Bank says 43% of Nigerians without electricity access…