According to the United Nations Population Fund, Nigeria’s population currently stands at 229 million and is expected to reach 400 million by 2050, making it the third most populous country. The post Mainstreaming renewable energy access amidst Tinubu’s $750m loan appeared first Read More
Firm pushes for renewable energy adoption
WiSolar, an on-demand prepaid solar utility, has said there is a need for electricity as accessible and affordable as home WiFi across Africa. The post Firm pushes for renewable energy adoption appeared first on The Guardian Nigeria News – Nigeria and Read More
Tariff Hike: Concerns about renewable energy affordability, adoption
Nigeria, recently, began the process of implementing gradual increases in the end-user tariff for electricity to move towards a liberalised market, where the Federal Government no longer bears the burden of tariff shortfall The post Tariff Hike: Concerns about renewable Read More
Africa lags as global renewable energy hits 3870 gigawatts
Deployment of renewable energy in Africa is still far behind as the International Renewable Energy Agency (IRENA), yesterday, said deployment last year hit a record high of 473 gigawatts (GW) to push global renewable energy capacity to 3870GW. The post Read More
Firm pledges more investment in Nigeria’s power sector
ARM-Harith Infrastructure Fund will boost investment in the electricity sector in Nigeria following the launch of AD Power HoldCo, which aims at investing in renewable energy equity financing. The post Firm pledges more investment in Nigeria’s power sector appeared first Read More
Nigeria must prioritise energy security, efficiency
The Renewable Energy and Energy Efficiency Association-Alliance (REEEA-A) has asked Nigeria to prioritise energy security, renewable and energy efficiency amidst global challenges. The President of REEEA-A, Prof. Magnus Onuoha, while speaking at a one-day workshop in Abuja, said Nigeria’s renewable Read More
IRENA worried over geopolitical risks, seeks diversification of renewable energy
• China processes 50% of critical materials The International Renewable Energy Agency (IRENA) has asked players in the renewable energy sector to urgently diversify critical material supply chains to mitigate geographical risks. This was contained in a new report released Read More
Why Nigeria’s 178,000MW renewable energy target may fail – GenCos
Plans by the Federal Government to generate 178,00 megawatts of electricity through renewable energy may remain a mirage, power generation companies have said. The post Why Nigeria’s 178,000MW renewable energy target may fail – GenCos appeared first on The Guardian Read More
Stakeholders seek leeway for energy transition in Nigeria
The European Union (EU) and other energy experts have stressed the need for energy transition in Nigeria, especially adoption of renewable energy. The post Stakeholders seek leeway for energy transition in Nigeria appeared first on The Guardian Nigeria News – Read More
African energy leaders downgrade renewable in support of hydrocarbons
Ahead of the United Nations Climate Change Conference (COP 27) coming up in Egypt later this year, there are indications that African countries are set to reject any option that may hamper continuous exploration and production of hydrocarbons on the Read More