Global Carbon Markets Value Hit a Record $949b Last Year – LSEG

Analysts at London Stock Exchange Group plc has said that the value of traded global markets…

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…

SJVN Concludes Auction for Solar Tech Producing 1500MW Electricity

In a recent development in the renewable energy sector, SJVN Limited, the tender inviting agency, concluded…

FG Unveils Carbon Market Activation Plan Committee

The Vice President of Nigeria, Kashim Shettima, will inaugurate the committee to develop the National Carbon…

FG Permits DisCos to Purchase Electricity Directly from GenCos

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…

Market Economics to Slash Bulgaria’s Use of Coal-Fuelled Power

Bulgaria’s climate minister, Julian Popov, said yesterday that Market economics will slash Bulgaria’s use of coal-fuelled…

Seven Oil Marketers to Distribute Dangote Refinery’s Products

Nigeria’s seven major oil marketers have registered with the Dangote Petroleum Refinery to lift and distribute…

MAN Projects 3.2% Growth, Electricity Act Execution in 2024

The Manufacturers Association of Nigeria (MAN) has projected sectoral real growth to hit about 3.2 per…

Portugal Generates 61% Electricity from Renewables

REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…

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…