Overcoming Barriers to Solar Independent Power Producers in Sub-Saharan Africa: Insights for Nigeria’s Solar IPP Development
Explore how Nigeria can overcome the challenges faced by solar Independent Power Producers (IPPs) by learning from successful models in South Africa and Kenya. This article provides actionable insights on…
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Recent News
UK, Nigerian Partners Secure Funding For Small-Medium Scale Farmers Energy Project
United Kingdom (UK) and Nigerian partners have joined forces to secure funding of 298,000 pounds from Innovate UK for an energy project aimed at small and medium-scale farmers in Nigeria.
Early Stage Firms Lead Market Opportunities For PULSE In Africa
A host of products powering Productive Uses Leveraging Solar Energy (PULSE) are being developed across the agricultural, industrial, commercial and public sectors.
Development Finance Institution Co-Invest In Sierra Leone’s First Large-Scale Grid-Connected Solar IPP
Development Finance Institutions, British International Investment ("BII"), FMO, and Proparco, and renewable fund manager Frontier Energy announced a co-investment of over $52 million for Planet Solar, a greenfield 50MW solar…
Nigeria’s Solar Energy Potential Estimated At 6,500 TWh
Nigeria's solar energy potential is estimated at around 6,500 Terawatt hours, TWh, per year, which higher than current 3,570 megawatts output per day in the country.
Government Policies, Awareness, Contribute To 450% Surge In Solar Product Sales In Nigeria – Report
Solar product sales in Nigeria have risen by 450 percent from 2017 to 2022, according to a new report from a renewable energy association, the increase which a renewable energy…
South Africa: African Development Bank Approves $300 Million For Energy Governance And Climate Resilience
Board of Directors of the African Development Bank Group has approved a $300 million loan to South Africa to implement its Energy Governance and Climate Resilience Programme.
President Tinubu Advances Negotiation On German Investment In Energy Sector
President Bola Tinubu, on the sidelines of the G20 Compact with Africa Economic Conference, met with German Federal Chancellor, Olaf Scholz, where he noted Nigeria's determined pursuit of German investment…
Group Calls For Urgent Action On Loss & Damage Fund In Nigeria
Development experts during the Second National Conference on Climate Change demanded an urgent need for Nigeria to create a sustainable climate finance and loss and damage fund.
Solar Energy: A Panacea to Rising Food Inflation
According to the latest data released on Monday by the Nigerian Bureau of Statistics (NBS), Nigeria’s inflation rate rose by 0.38% to hit 22.79% in June 2023. This marks the…
Climate Activists Mull Adoption Of Renewable Energy In Africa
As Africa Day was held recently, climate activists have canvassed tackling barriers to community-centred renewable energy systems and phasing out of fossil fuels to check climate impacts on the continent.
REAN, Odyssey Energy Solutions Sign $100M Equipment Finance Deal
Odyssey Energy Solutions and the Renewable Energy Association of Nigeria (REAN) signed an agreement to make solar equipment procurement more efficient and cost-effective for solar companies operating in Nigeria.
Oil And Gas Leaders Aiming For Competitions In Renewable Energy
As renewable energy generation is projected to increase at a compound annual growth rate of 6.9% between 2022 and 2030, the oil and gas companies have rolled up their sleeves…
Renewable Energy: A Roadmap For Sustainable Economic Growth In Nigeria
Power problem has remained a perennial challenge in Nigeria. Apart from stifling the country’s industrial growth, it also limits commercial ventures’ expansion and profitability and the well-being of its people.…
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