REA eyes more energy project investment, engages NERC on better regulation for mini-grids

.Agency to increase licensing threshold for mini-grids from 1MW to 5MW -Ahmad,CEO The Rural Electrification Agency (REA) is eyeing more investment in Nigeria’s energy by increasing the licensing threshold for mini-grids from 1MW to 5MW as...

Husk doubles Nigeria minigrid target at Africa Climate Summit

  In a major commitment to fast-track climate-resilient economic growth in rural Sub-Saharan Africa, Husk Power Systems today announced the “Africa Sunshot'' initiative, with a goal of having 2,500 net-zero minigrids operating in off-grid and...

FG signs €9.3m agreement for 23-mini-grids

   OBIORA METU The Federal Government has signed a 9.3millon euro interconnected mini-grid Acceleration Scheme (IMAS) award grant agreement with eight indigenous Solar Mini-grid developers Mr Goddy Jedy-Agba, Minister of State, Power disclosed this in a statement...

Clean energy companies get $80m relief against COVID-19 shocks

OBI METU   Green Climate Fund (GCF) recently  launched an emergency $80 million Energy Access Relief Fund (EARF) that shields clean energy companies in developing countries in Africa and Asia from COVID-19 economic shocks to keep...

ALL ON , USADF announce nine finalists for the $100k 2020 Nigeria off-grid energy...

  The US African Development Foundation (USADF) and All On today announced that nine wholly African-owned enterprises have emerged as finalists for the 2020 Nigeria Off-Grid Energy Challenge. The winners of the third edition of the...

$3.40trn to be invested globally in renewable energy by 2030 – Report

A recent   Frost & Sullivan’s report and  analysis has indicated that an estimated $3.40 trillion will be invested in renewable energy during the next decade, including $2.72 trillion in wind and solar. By 2030,...

Tesla now worth more than Exxon Mobil, Shell and BP combined

The rise of Tesla reaching the symbolic mark of 2,000 dollars, which is more than the shares of Exxon Mobil, Shell and BP combined, has confirmed the dynamism of the electric car industry in...

All On announces N180m COVID-19 solar relief fund to power emergency healthcare in Nigeria

  Nigerian off-grid energy impact investing company All On, seeded by Shell, today announced N180 million in assistance to renewable energy companies, Auxano, Arnergy, GVE and Lumos to provide solar power for emergency health centers...

Commercial battery storage market to generate $1.6bn by 2025

Energy market research firm Frost & Sullivan has issued a new report on the global market for commercial battery storage systems. The research firm is expecting the market to increase revenue generation from $160.4 million...

Petrocam opens new solar powered fuel station

Petrocam Trading Nigeria Limited has opened a new solar-powered fuel station in Lagos, increasing the number of its retail outlets to 10. The Managing Director, Petrocam Trading Nigeria, Mr Patrick Ilo, said at the inauguration...
Social Media Auto Publish Powered By : XYZScripts.com
Open chat