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…

COP28: Nigeria, Other African Countries to Join BESS Consortium

Nigeria and several African countries have expressed interest in joining the Battery Energy Storage Systems (BESS)…

Gabon’s Kinguélé Hydroelectric Project Secures €123m Funding

Gabon’s Kinguélé Aval hydroelectric project received an initial disbursement of 81 billion CFA francs (123.4 million…

Reps Probe N7tn Power Sector Fund Since Privatisation

The House of Representatives has resolved to investigate all the financial interventions, amounting to over N7…

Nigeria’s National Grid Suffers Instability

In Nigeria, only the Delta Power plant was generating power at noon, producing 41MW, with Afam…

Germany, US Allocate Funding for Renewable Energy in Africa

Germany pledges €40 million to the African Development Bank's Sustainable Energy Fund to support renewable energy…

Nigeria’s Energy Sector Will Collaborate with South Korea –Adelabu

Nigeria’s Minister of Power, Adebayo Adelabu, has said that Nigeria would collaborate with South Korea on…

Globeleq Starts Work on its First Geothermal Power Plant in Menengai

At the Menengai location, geothermal resource extraction is well under way. In western Kenya’s Nakuru County,…

Globeleq Commences Work on Geothermal Power Plant in Menengai

The exploitation of geothermal resources at the Menengai site has commenced. The British Independent Power Producer…

Saudi Arabia’s Acwa Power Raises $123m for its Kom Ombo Solar Park in Egypt

The level of financial mobilization has been reached for the Kom Ombo solar project. Acwa Power,…