The Rural Electrification Agency (REA) says starting in November, the Federal Government will kick-start a new rural electricity project bankrolled by the World Bank to provide electricity for 17.5 million Nigerians. The Agency’s Managing Director, Abba Aliyu, who revealed this on Channels Television’s Sunrise Daily programme, also said his agency has plans to provide cheap …read more →
Power
Lagos Secures €120m Dutch Support for Waste-To-Electricity Project
The Lagos State Government has received a €120 million support fund from the Dutch Government to support and enhance the actualization of its waste-to-energy project in collaboration with a Dutch firm, Harvest Waste Consortium. The Commissioner for The Environment and Water Resources, Tokunbo Wahab, disclosed this in a post on his official X.com According to Wahab …read more →
Britain to Close Last Coal Power Plant
Britain will become the first G7 country to end coal-fired power production on Monday with the closure of its last plant, Uniper’s Ratcliffe-on-Soar in England’s Midlands. It will end over 140 years of coal power in Britain. In 2015 Britain announced plans to close coal plants within the next decade as part of wider measures …read more →
NERC Orders DisCos to Procure 398MW Embedded Power
The Nigerian Electricity Regulatory Commission has mandated electricity Distribution Companies to procure a minimum of 398MW of embedded generation to enhance the reliability of power supply across the country. Embedded generation (also known as distributed generation or distributed energy resources) refers to electricity generation or storage plants connected to a distribution network rather than the …read more →
FG Plans To Spend $800m On Construction of Power Substations, Distribution Lines
The Federal Government is planning more investment in the distribution segment of the power sector. This investment will be in the region of $ 800 million. The Minister of Power, Adebayo Adelabu, disclosed this in far-away China when he visited TBEA Southern Power Transmission and Distribution Industry in Beijing, China. The projects which come under …read more →
AFC to Support Africa’s Largest Methanol Plant in Akwa Ibom
Africa Finance Corporation (AFC) the continent’s leading infrastructure solutions provider, is arranging a project development facility to support Africa’s largest gas-to-methanol plant, to significantly reduce CO2 emissions by offsetting flaring of natural gas and turning it instead into a valuable chemical for solvents, paints, plastics and car parts. AFC has committed to the development stage …read more →
Sapele Power PLC partners Africa + Rain Cage Ltd
Africa + Rain Cage Ltd (A+RC), a subsidiary of Rain Cage Carbon Inc. (RCC), announces the world’s first renewable energy contract created from an entirely new power source – Advanced Carbon. Put together by pan-African advisory firm CLG (formerly Centurion Law Group), the agreement with Sapele Power PLC (SPP) aims to decarbonize its Nigerian power plant and …read more →
Nigeria Cuts Back on Electricity Export to Boost Domestic Supply
Nigeria’s electricity regulator has ordered the grid operator to cut back supplies to customers overseas to boost domestic supply. In a directive issued last Friday, the Nigerian Electricity Regulatory Commission (NERC) said the grid operator’s current approach in managing supply has caused significant hardship for Nigerians because supply under bilateral contracts, including export to international …read more →
C’River, REA Partner for Mini-grid Electricity in Rural Communities
Cross River State governor, Bassey Otu, has announced his administration’s readiness to provide the counterpart funding requirements for the Rural Electrification Agency, REA, to set up mini-grid power supply in rural communities in the state. This move is aimed at boosting the nano and micro-economies of the state and improving productivity levels, especially in the …read more →
Wärtsilä to Operate & Maintain 50MW Power Plant in Kogi
Technology group Wärtsilä has signed a ten-year Operations and Maintenance (O&M) Agreement for a captive power plant providing the energy for a Nigerian cement producing facility. The new cement plant is owned by Mangal Industries and is located in Kogi State, Nigeria. The order was booked by Wärtsilä in Q2, 2024. The power plant is critical …read more →