Vestas’ Q1 losses Worse Than Last Year

Wind turbine manufacturer remains in the red in Q1 2021. COVID-19 restrictions to blame. Revenue decreased…

NIGERIA: Ikeja, Eko Get NERC Approval for ₦215 billion Upgrade

Ikeja, Eko to upgrade network infrastructure NERC approves ₦215 billion for upgrade The upgrades is part…

NIGERIA: FG Dismisses Claims of Tariff Increment

NERC concludes extraordinary tariff review Nigerians apprehensive of a tariff increment FG says not cause for…

Understanding the Service Reflective Tariffs (SRT)

The recent report by the World Bank on the status of the Nigerian electricity market shows,…

Daystar Power Group Set to Receive $20 million Financing from the IFC

A $20 million financing proposal to off-grid power service provider Daybreak is yet to be approved…

NIGERIA: NDPHC, BEDC Sign Agreement to Evacuate 250MW Stranded Power

NDPHC signs agreement with BEDC BEDC to deliver 250MW stranded power to consumers BEDC to prioritise…

Huawei Launches ‘iPowerCube-S’ Mini-Grid Solution In Nigeria

Huawei has launched its Next-Generation Mini-Grid “iPowerCube-S” solution in Nigeria. The iPowerCube-S integrates solar, grid-power, and…

Tesla Set to Sell Solar Panels and Battery as a Bundle

Tesla will now only sell its solar panels and solar roof together with its Powerwall battery…

LIBERIA: LERC Approves Incentive Framework for Customer

LERC approves framework for customer incentives Customers with high consumption targeted 22% proposed as an incentive…

The Electricity Metering Blame Game

Electricity metering has been one of the major bottlenecks in the Nigerian power sector for decades.…