The Geometric Power Plant currently features three GE LM6000 Gas Turbines, each with a capacity of…
Tag: Africa
EDF Acquires a Solar Home System Startup, upOwa, in Cameroon
Électricité de France (EDF) has acquired upOwa, a solar home system start-up, bolstering rural electrification efforts…
NERC Can Act in a Quasi-Judicial Role to Handle Electricity Matters – Sanusi Garba
Sanusi Garba, the Nigerian Electricity Regulatory Commission (NERC) Chairman, underscored the Commission’s vested authority to establish…
NERC Has Intervention Powers for Grid Stability – Wolemi Esan
Wolemi Esan, the Deputy Managing Partner at Olaniwun Ajayi LP, has said that Nigeria’s electricity regulator,…
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…
Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB
In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…
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.
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,…
Nigeria’s 2024 Electricity Act Amendment Allocates 5% of GenCos OPEX for Host Communities
President Bola Ahmed Tinubu has signed the 2024 Electricity Act (Amendment) Bill into law. The law…
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…