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Solar energy

Nautical SUNRISE Advances in R&D for the World’s Largest OFS Power Plant

Nautical SUNRISE project is poised to revolutionize renewable energy with its support for the world’s largest Offshore Floating Solar (OFS) power installation. With a budget of €8.4 million, of which €6.8 million is provided by the Horizon Europe programme, this initiative commenced in December 2023, focusing on research and development for offshore floating solar systems […]

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Rural Electrification Agency Commissions Nigeria’s First Interconnected Solar Hybrid Mini-Grid

The Rural Electrification Agency (REA) the commissioning of Nigeria’s first Interconnected Hybrid Solar Mini-Grid in the Toto community of Nasarawa State, scheduled for tomorrow, November 9, 2023. This event marks a significant advancement in the nation’s pursuit of universal electricity access and sustainable energy solutions. In a robust collaboration with Powergen Nigeria Limited and Abuja […]

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Shell Signs 15-Year Agreement With Largest Solar Project In Germany

Shell Energy Europe Limited   has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell. The Witznitz Energy Park, which is being constructed by MOVE ON Energy on the site […]

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Nigerdock Embraces Energy Transition Installs Rooftop PV Plant

The Snake Island Integrated Free Zone is starting its energy transition implementation programme. The special economic zone developed by the Nigerian shipping company Nigerdock has just been equipped with a rooftop solar photovoltaic plant. The recently commissioned facility is the result of a partnership between Nigerdock and Lagos-based solar energy provider Daystar Power. According to […]

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Evtec Invest In PV 110 MWp System In Nigeria

Evtec Energy project manager has signed an agreement with financial technology group MICT to build a 110 MWp solar PV plant. The plant will provide clean energy to a factory being built in Delta State in southern Nigeria. The plant of MICT’s subsidiary Tingo Foods is under construction in the village of Ishiekpe in Onicha […]

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Renewables Can Provide Nearly 60 Per Cent Of Nigeria’s Energy Demand by 2050 – IRENA

New IRENA report shows investment in renewables is cost‑effective, delivering economic growth and jobs, while achieving global climate and sustainable development objectives. Nearly 60 per cent of Nigeria’s energy demand in 2050 can be met with renewable energy sources, saving 40 per cent in natural gas and 65 per cent in oil needs at the […]

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Shell Acquires Green Tie Capital Two Gigawatts Solar Power Platform

Shell New Energies Holding Europe BV (Shell) announced it has acquired Green Tie Capital’s (GTC) platform of ten medium mature solar energy projects across Spain, with potential for two gigawatts of solar power generation capacity. Óscar Fernández, Shell Spain country chairman: “Shell’s Group strategy is to be a leading player in the energy transition, in the markets in […]

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BeGreen A Danish Solar Developer Is Now Part Of Equinor

Equinor has signed an agreement to buy BeGreen, a leading solar project developer in North-West Europe. The acquisition strengthens Equinor’s capabilities and portfolio within solar PV. “BeGreen represents an important building block to our industrial renewables position in Europe, in line with our ambition to be a leading company in the energy transition. BeGreen has […]

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Equinor Commissions First Solar Plant In Poland

The construction of the 58 MW Stępień solar plant in Poland is completed, and the plant is ready for operation. Stępień was developed and will be operated by Wento, Equinor’s 100% subsidiary. In 2021, Equinor bought the Polish solar developer Wento and its pipeline of solar projects across Poland. Less than 1.5 years after the […]

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CBEA, ENGIE Sign Largest Mini-Grid Solar Project Finance Transaction In Africa

CrossBoundary Energy Access Nigeria (CBEA) and ENGIE Energy Access Nigeria (ENGIE)  have signed a project finance agreement to build a $60 million portfolio of mini-grids that will connect over 150,000 people to electricity in Nigeria. ENGIE has developed a pipeline of mini-grids to build over the next four years. CBEA will finance all of the […]

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