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Azuri to Expand Off-grid Solutions with $26million Equity Investment

To accelerate its expansion plan in the East and West African regions, Azuri Technologies, a provider of pay-as-you-go solar home solutions to off-grid households across Africa, on Monday, announced a strategic investment of US$26 million.

Global: Renewables Growth Is Stalling – IEA

In 2018, total deployment of renewable energy stood at about 180 gigawatts (GW), which was the same as the previous year. It was the first time since 2001 that capacity failed to increase year-on-year, according to the International Energy Agency (IEA)

Nigeria To Benefit From $225m World Bank Off-Grid Support Fund

Nigeria has been named among countries in the West Africa sub-region to benefit from off grid support programme by the World Bank. The board of the World Bank Group reportedly approved a series of funding for the Regional Off-Grid Electrification Project (ROGEP) for selected countries in West Africa and the Sahel region.

‘Renewable Energy ‘ll aid Access to Regular Power Supply’ – CEO,...

Bill Lenihan is the Chief Executive Officer, Zola Electric, an American renewable energy firm. In this interview, he explains the need to...

Nigeria: Boosting Renewable Energy Through Capacity Building

The Nigerian electricity industry (NEI) is dominated by fossil-fueled power plants and less than 30 per cent of large-scale hydropower plants. Currently, there is...

South Africa: Eskom bags $180m Loan from New Development Bank

New Development Bank (NDB) and Eskom signed a loan agreement for renewable energy integration and transmission augmentation project. Under the agreement, the NDB will provide...

Nigeria’s Largest Rural Mini-Grid to Electrify 600 Households in Ogun

Solar Nigeria for the People Limited (Solar Nigeria FTP), the Nigerian subsidiary of Solar Philippines at the weekend signed a Community Agreement with Ode...

Nigeria: FG Deploys New RCC Technology at 700MW Zungeru Power Project

Federal Government, weekend, explained the reason behind the introduction of entirely new technology, the Roller Compacted Concrete (RCC) technology, in the construction of the 700 Megawatts Zungeru Hydro Power Dam, in Niger State.

Scottish Power Announces £2 billion Renewables Investment

Scottish Power has announced it will spend up to £2 billion in the UK in 2019, the company’s biggest ever investment in the country...

Nigeria: How Off-Grid Development Will Rescue Nigeria Power Sector

Development of off-grid power distribution solution, otherwise, known as standalone power system will open up the power sector to more investment opportunities from within...