The European Investment Bank (EIB) has announced its largest-ever investment in an African fund, committing $80 million in equity to the Pembani Remgro Infrastructure Fund II (PRIF II). The announcement highlights the EIB’s focus on climate action, job creation and supporting Africa’s energy and digital transitions. PRIF II will finance renewable energy, digital infrastructure and transportation projects across […]

TotalEnergies has started commercial operations of Danish Fields and Cottonwood, two utility-scale solar farms with integrated battery storage located in southeast Texas. These new projects, with a combined capacity of 1.2 GW, are part of a portfolio of renewable assets totaling 4 GW in operation or under construction in Texas. Danish Fields is TotalEnergies’ largest […]

The V&A Waterfront has signed a power purchase agreement (PPA) with Etana Energy for 43 gigawatt hours (GWh) of renewable energy a year. The deal will see electricity from wind and solar farms, operated by independent power producers, meet up to 70% of the V&A Waterfront’s energy needs starting from early 2026 to a10yr power […]

*It’s a new phase in Nigeria’s Energy Transition Plan– VP Shettima* Vice President Kashim Shettima has said Nigeria’s energy transition journey as well as its resolve to embrace clean and renewable energy solutions remains on track under the administration of President Bola Ahmed Tinubu. The Vice President stated this on Tuesday at the Presidential Villa […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]