Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
Search Results for: solar and wind projects
The Impact of Renewable Energy in 2023.
Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Mozambique Eyes Africa’s Hydropower Crown with $5 Billion Energy Overhaul
Mozambique aims to position itself as Africa’s biggest hydropower producer. The country has rich hydropower, wind,…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
Egypt Seeks Power Link to Export Electricity to Europe
Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, said Egypt is seeking to establish power…
Renewable Energy: Urgent Action Necessary for 2030 Targets
The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Egypt to Set Up Green Data Centre
Egypt is preparing to establish a green data centre project. This project would harness about 200…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…