d.light Secures $7.4 Million from Chapel Hill Denham for Offgrid Solar Projects

Solar products company d.light has successfully secured a groundbreaking financing facility of $7.4 million from Chapel…

Saglev Launches First Nigerian-Owned Fully Assembled Electric Vehicle in Lagos

Saglev, an electric vehicle brand, was launched during the Lagos Auto Show, which was held between…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

CESEL-Concerto Powers 1,200 Houses in Osun State

The Community Energy and Social Enterprise Limited (CESEL-Concerto) Joint Venture (JV) has delivered clean electricity to…

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,…

AfDB Invests $289.5M in Mauritania’s Solar Projects”

The African Development Bank (AfDB) has signed a $289.5 million deal with Mauritania’s economy ministry. The…

China Sets Pricing Rule for Power Stabilising Services

China’s state planner is set to refine the pricing mechanisms for services essential to stabilising power…

IFC, SIMA Launch $150m Solar Green Bond for African Solar Developers

The World Bank’s International Finance Corporation (IFC), in partnership with Social Investment Managers and Advisors LLC…

Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA

A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…

UAE’s ADNOC to Allocate $23bn for Decarbonisation

UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…