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: Eko DisCo Sets Out Improvement Plan

Eko DisCo plans to improve network To invest ₦18.75 billion annually over the next five years…

Biting the Hand That Feeds You

Following the World Bank’s report on the situation of electricity access in Nigeria, there has been…

Amp Energy Targets Building Renewable Energy Hub in South Australia

Amp Energy plans to build a renewable energy hub in South Australia. The project is to…

Zungeru Plant to Commence Operation in December

The Zungeru hydroelectric plant is expected to deliver its first MW in December 2021. The plant…

NIGERIA: CBN Disburses Intervention Fund to DisCos

CBN has begun the disbursement of ₦120 billion CAPEX intervention The CBN has disbursed ₦3.6 billion…

Understanding the Service Reflective Tariffs (SRT)

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

NIGERIA: Nigeria Among Top 7 Gas Flaring Countries in the World

The World Bank has released its Gas Flaring Tracker report Nigeria makes number 7 on the…

The EV Wave: Is Nigeria Ready?

With the exponential growth in sales of Electric Vehicles (EVs) globally, it is becoming clear that…

PowerX Closes $4m Seed Round Financing

PowerX utilises Artificial Intelligence to optimise household utility usage. A pilot test of the product in…