Nigeria’s power sector faces numerous challenges, from inadequate generation capacity and unreliable distribution infrastructure. Despite being rich in natural…
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Husk Power Secures $20 Million From EIB to Expand Operations in Nigeria
On Thursday, March 28, 2024, Husk Power Systems announced $20 million in debt financing from the…
Microsoft and CFM Invest $18 Million in Konexa
Microsoft’s Climate Innovation Fund and Climate Fund Managers (CFM) invest $18 million in Konexa. It aims…
WPL Completes $300M Green Bond Offering
Alliant Energy Corp’s Wisconsin Power and Light Company (WPL) subsidiary has concluded a green bond offering…
States Demand for Decentralised REA Projects
Last week, at a stakeholder roundtable hosted by the Rural Electrification Agency (REA), states demanded decentralisation…
Eskom to Curb Loadshedding by Unbundling into Separate Firms by Mid-2024 –Report
In a bid to tackle the age-long power crisis in the country, South Africa’s power utility…
Nextier’s Power Dialogue: Stakeholders Outline Pathways to Achieving Nigeria’s Climate Commitment
On February 21, 2024, the Electricity Hub, a subsidiary of the Nextier Group, hosted its 91st…
Arnergy, MEMMCOL Launch 540KWh Lithium BESS in Abuja
Arnergy, an indigenous renewable energy firm has partnered with Momas Electricity Meters Manufacturing Company Limited (MEMMCOL),…
World Bank to Power 200,000 MSMEs in Nigeria by 2030
The World Bank has revealed plans to power over 200,000 micro, small, and medium-sized enterprises (MSMEs)…
Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt
Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…