Nigeria’s 2024 Electricity Act Amendment Allocates 5% of GenCos OPEX for Host Communities

President Bola Ahmed Tinubu has signed the 2024 Electricity Act (Amendment) Bill into law. The law…

HSBC Partner with Google to Reach $1 Billion Climate Tech Finance Goal

Britain’s biggest bank, HSBC, has partnered with Google to finance fast-growing climate technology firms behind some of…

AfDB Invests $289.5M in Mauritania’s Solar Projects”

The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…

AfDB, Trade and Development Bank to Finance $15m Clean Technologies in Africa

The African Development Bank (AfDB) Group has announced a follow-up equity investment of $15 million in…

The Impact of Renewable Energy in 2023.

Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…

Minister of Power Advocates Naira-denominated Payments for Domestic Gas Supply

On February 8, 2024, Nigeria’s Minister of Power, Adebayo Adelabu, engaged in a productive meeting with…

Netherlands Inaugurates Solar Marketplace Advisory Board in Nigeria

The Netherlands government has established an advisory board to accelerate Nigeria’s shift towards cleaner energy. The…

Sri Lanka Progressing on Delayed Wind Energy Projects — Energy Minister

Sri Lanka’s energy minister, Kanchana Wijesekera, said Sri Lanka is hopeful of making progress by next…

Schneider Electric to Optimise Energy Capacity for Efficient Power Management

Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…

World Bank Commits Over $15bn to Boost Economy, Energy in Nigeria

The World Bank has committed over $15 billion to support 30 development programmes across Nigeria. In…