Tag: Industry News
IRENA, IPCC Partner On Renewables for Climate Action at COP27
The International Renewable Energy Agency (IRENA) has signed a Memorandum of Understanding (MoU) with the Intergovernmental Panel on Climate Change (IPCC).
The MoU provides a...
Egypt Surpasses Expectations With $83bn Green Energy Deals At COP27
A major highlight of the UN Climate Summit COP27 holding in Egypt is the country’s Suez Canal Economic Zone signing of $83billion worth of...
Rwanda Launches $104m Green Economy Fund
Rwanda's President Paul Kagame has launched "Ireme Invest," a $104 million green investment facility that will support the private sector in developing the climate-friendly...
Biden Unveils $13.5 Billion Package To Ease Home Energy Costs
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households.
“The vice president...
Foreign Tit-bits
Chevron Posts Its Second-Highest Quarterly Profits
U.S. oil major, Chevron has joined the oil and gas industry’s robust earnings crowd for the quarter by easily...
Renewable Energy Investment Must Triple By 2030 – IEA
The International Energy Agency (IEA) has said that investment in renewables must more than triple to $1.3trillion annually by 2030 if the world is...
Electricity Workers Strikes Hit France’s Power Output
……….As Unions Take on Macron
A 24-hour strike yesterday got France's troubled energy sector another setback as it reduced the country's nuclear and hydroelectric output.Electricity...
Solar Mini Grids Is The Way Out For Over Half a...
Governments and industry have to work together to realise the full potential by identifying mini grid opportunities, driving costs down and overcoming financing barriers,...
Catastrophic Grid Failure Causing Widespread Blackouts In Nigeria
Nigeria's national electricity grid woes show no signs of abating with the grid collapsing again on Monday, leaving many parts of the country without...
HDF Energy to Light Up Africa’s First Hydrogen Power Plant by...
HDF Energy, French independent power producer, has said that its green hydrogen power plant in Namibia, Africa’s first, would start producing electricity by 2024.
The...
Juwi Takes Over S/Africa’s De Aar 1 Solar Power Plant
The South African subsidiary of the German company, juwi has won the contract of the operation and maintenance (O&M) of the De Aar 1...
AfDB Boosts Green Energy Development in 7 African Countries
African Development Bank (AfDB), through its Global Green Growth Institute (GGGI), has ranked Morocco, Tunisia, Kenya, Rwanda, Senegal, Gabon, and Mozambique as the continent’s...
Unilever, Bboxx Partner to Provide Clean Energy Products in Kenya
Unilever, one of world’s largest consumer goods companies, and Bboxx, a platform providing access to essential products and services, have partnered through Sunlight, a...
Skies Darken Over German Economy as Energy Crisis Bites
Skies were darkening over the German economy on Friday as its flagship car and chemicals industries reported a bleak outlook and companies scaled back...
Nigeria Will Become Petroleum Net Exporter Before 2023 End — NNPC...
Nigeria has pledged to return to a petroleum exporting country before end of 2023. Group chief executive officer of the Nigerian National Petroleum Company...
Schneider Electric Unveils New Range of Products, Rewards Performing Partners
Schneider Electric, global specialist in energy management, software and automation unveiled a new range of cable management systems customized for new and modern buildings,...
FG Applauds NNPC Foray into Renewable Energy
The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across the country.
Minister of Science...
OPEC daily basket price drops to $61.85 per barrel
The price of Organisation of Petroleum Exporting Countries, OPEC basket of 14 crudes stood at $61.85 a barrel on Thursday, compared with $62.68 the...
New Energy Mix: Time for Africa to Plan for the Harsh...
The world is experiencing a new energy mix with other sources of energy trying to replace fossil fuels. The demand for cleaner energy is...
Local Content Policy Performance Dependent on Strict Adherence to Rules
By Oge Obi       Â
Besides the need for capacity building in relevant areas, government agencies commitment and willingness to strictly adhere to the principles of...
