The East African Community (EAC) partner states have reaffirmed their commitment to enhancing energy efficiency and…
Category: On-Grid
Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu
Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
Plus Power Secures $98 Million Financing for Texas Battery Project
Plus Power LLC, based in Houston, secures $98 million (EUR 91 million) tax equity financing for…
Nigeria to Clear $2.16b Debt, Fix Gas Shortages— Power Minister
Nigeria’s power minister, Adebayo Adelabu, has said that Nigeria plans to fix its chronic power woes…
Italy Unveils EUR 1.7 Billion for Solar PV Projects
Italy’s government decreed on Tuesday an allocation of EUR 1.7 billion (USD 1.82bn) for solar photovoltaic…
Axpo Launches 20MW Battery Storage Project in Sweden
Swiss renewable energy producer and trader Axpo Holding AG inaugurates its first large-scale battery storage project…
NERC Issues N10.5bn Fine to DisCos for Overcharging Unmetered Consumers
The Nigerian Electricity Regulatory Commission (NERC) has sanctioned the 11 Electricity distribution companies (DisCos) for non-compliance,…
As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA
In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply
On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…