FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023

The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…

World Bank Funds Clean Energy in Nigeria

The World Bank allocates $750 million for clean energy projects in Nigeria. This move addresses the…

Arise Wind Farm Acquires 70% Share in Ukrainian Fenik Repower

Arise AB, a Swedish onshore wind farm developer, said it has acquired a 70 per cent…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

TotalEnergies Commences 216MW Solar Plant in South Africa

TotalEnergies and its partners have started constructing a 216 megawatts (MW) solar power plant with 500 megawatt-hours…

Italy to Invest in Africa –Eni

Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…

Lightsource Bp Sells 1,037MWp Solar Projects to Beijing Energy

UK-based global solar developer, Lightsource bp, has sold 1,037 MWp of solar projects in Australia to…

Credit Agricole to Halt New Fossil Fuel Project Financing

Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…