Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.
Search Results for: grid infrastructure
Plus Power Secures $98 Million Financing for Texas Battery Project
Plus Power LLC, based in Houston, secures $98 million (EUR 91 million) tax equity financing for…
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…
Kenya Power to Ration Electricity Supply to 12 Counties
Kenya Power has announced that there will be power rationing in 12 counties based in Western,…
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Senelec Signed €200m Contract to Construct 1350km Transmission Lines
The national electricity company of Senegal (Senelec) has signed a €200 million ($217,570,000) contract with a…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
Enagas’ Hydrogen Projects Listed as EU Energy Priorities
Spain’s gas grid operator, Enagas, has successfully placed two renewable hydrogen projects on the European Commission’s…
Revolutionizing Urban Mobility for Cleaner and Greener Cities
Electric mobility has emerged as a game-changing solution in public transportation, revolutionizing urban mobility for cleaner…