News

AfDB Approves $5bn Framework To Tackle Energy Crisis

AfDB has approved a one-year, demand-driven framework backed by up to $5.06 billion to help African…

Schneider Electric Calls for Sustainable Healthcare Investments

Schneider Electric has called for Nigeria to shift renewable energy projects in healthcare from donor-funded pilots…

FG’s Power Sector Debt Settlement Initiative: Treating The Symptoms Or The Disease?

The Federal Government’s ongoing effort to settle legacy debts owed to Generation Companies (“GenCos”) represents one…

Abuja STEM Challenge Trains 100 Girls in Clean Energy

A renewable energy challenge trained 100 Abuja girls in solar, wind, energy storage and smart technologies.…

DARES Reaches 5.3m Nigerians, but Renewable Capacity Lags

Nigeria’s DARES programme has reached 5.3 million people but delivered only 41.25MW of its 465MW renewable…

Nigeria Attracts $1.3bn for Solar, Mini-Grid Expansion

Nigeria has unlocked over $1.3 billion in renewable energy investment commitments through NEP and DARES. DARES…

PJM Targets Data Centers to Ease Grid Pressure in U.S

PJM Interconnection proposed requiring large data centers to use backup generators during severe grid shortages. The…

₦40bn Default Puts Power Sector Under Pressure

Geregu Power Plc has defaulted on a bond payment, raising fresh concerns about the financial health…

Ondo Opens Electricity Market to Private Investment

Ondo State has launched a new electricity law to attract private investment and expand power supply.…

Oil Prices Rise as Iran Blockade Raises Supply Concerns

Oil prices rose as concerns grew over prolonged disruption to Iranian crude supplies and Strait of…