REA, Husk Power Sign MoU to Generate 250MW DRE

The Rural Electrification Agency of Nigeria (REA) and Husk Power Systems have signed a Memorandum of…

Nigerian Businesses Waste ₦5 Trillion Yearly on Inefficient Power Generation – All-On, Nextier Report

In a recently released energy business report put together by impact investor All-On and multi-complacency firm…

Up-NEPA: Innovative Solar Power Solutions for Nigeria’s Future

In Griot Studios’ Up-NEPA documentary, which is supported by the MacArthur Foundation and will be premiered…

ElectriFI Approves USD 4 Million Financing for Husk Power Systems

Husk Power Systems, a solar-hybrid mini-grids firm, has attracted USD 4 million in loan financing from…

Husk Power Secures $20 Million From EIB to Expand Operations in Nigeria

On Thursday, March 28, 2024, Husk Power Systems announced $20 million in debt financing from the…

Daystar Power and RMI Unveil Solar Business Model Targeting $6.5 Billion Investments for Nigerian Businesses

In a March 12 press release, Daystar Power and Rocky Mountain Institute (RMI) released a U.S.…

Gridstor Acquires 450 MW Battery Storage Project in Texas

GridStor, a US energy storage company, has acquired a significant battery storage project in Texas from…

Southern African Power Pool Launches $1.3bn Fund for Transmission Lines

The Southern African Power Pool (SAPP) and investment advisers Climate Fund Managers have launched a new…

World Bank to Power 200,000 MSMEs in Nigeria by 2030

The World Bank has revealed plans to power over 200,000 micro, small, and medium-sized enterprises (MSMEs)…

As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA

In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…