The Rural Electrification Agency of Nigeria (REA) and Husk Power Systems have signed a Memorandum of…
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Power Surge: AfDB Lights Up Nigeria with $1 Billion Boost
The African Development Bank (AfDB) plans to invest $1 billion to boost Nigeria’s power sector. On…
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…
Fall in Storage Battery Costs to Boost Shift to Renewables – IEA
The International Energy Agency (IEA) said on Thursday, April 25, 2024, that a sharp fall in…
AfDB and World Bank Partner to Electrify 300 Million Africans
During the recent spring meetings of the World Bank and International Monetary Fund in Washington, a…
Impact of Battery as a Service on Power Industry Dynamics in Nigeria
Nigeria’s power sector faces numerous challenges, from inadequate generation capacity and unreliable distribution infrastructure. Despite being rich in natural…
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…
Electric Buses: Cleaner, Quieter, and More Efficient City Transport
As our cities continue to grow and pollution levels rise, the need for eco-friendly transportation options…
Emeren, Glennmont to Develop 155 MW of BESS
Solar developer-operator Emeren Group Ltd and fund manager Glennmont Partners have sealed a deal to jointly…
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…