NSIA, All On Partner to Power Energy-deprived Communities

The Nigeria Sovereign Investment Authority (NSIA) and All On, a renewable energy investor, are collaborating to…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

Evergreen Power Signs 400MW Hybrid Renewables MoU with India

Evergreen Power Solutions Inc., the Indian unit of the United States green energy platform, has sealed…

MAN Projects 3.2% Growth, Electricity Act Execution in 2024

The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…

Masdar, Hy24 Partner to Develop Green Hydrogen Projects

Masdar, an Abu Dhabi renewable energy company and Hy24, a clean hydrogen investor, have agreed to…

Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…