Renewed efforts by investors in the renewable energy sector raises the hope of energy sufficiency for the nation, Chika Izuora writes. Nigeria is a country with an estimated population of 170 million people, 65 per cent of which are between the ages of 18 and 45 years. According the Ministry of Power, only about 40 […]

Small and Medium Enterprises need alternative power supply to boost employment and economic growth as Nigeria moves towards addressing its power deficit, the Chief Executive Officer of London-based Contec Power Systems Limited, Mr. Srinivas Ppilla, has said. While emphasising the importance of power supply, the expert said renewable energy was critical to economic resuscitation and […]

As Nigeria’s energy crises deepens with erratic power being experienced across all sectors of the economy, the Bank of Industry (BoI) and a utility social enterprise, Arnery, are expanding their footprint in the electricity sector by providing alternative power supply to local communities in Nigeria. Arnery is currently providing solar energy solutions, powered by superior […]

The Electrification Financing Initiative, ElectriFI opens its doors on 15 April and interested parties can submit their project proposals through www.electrifi.org. ElectriFI is an innovative mechanism to unlock, accelerate and leverage investments providing access to affordable, reliable, sustainable and modern energy. The initiative was launched by the European Commissioner for International Cooperation and Development, Mr […]

Taking domestic or foreign loans to build infrastructure for power, experts say, could resolve Nigeria’s energy crisis. Feedback on projects executed by the Niger Delta Power Holding Company (NDPHC) has shown that borrowing to build power infrastructure could be self-liquidating and profitable. The execution of Phase II of the National Integrated Power Projects (NIPP) and […]

The International Energy Agency will host its second Energy Efficiency in Emerging Economies Training Week in Paris from 6 – 10 June 2016. The event is expected to be attended by up to 100 ‘next generation’ energy efficiency professionals from emerging economies, primarily from government institutions and supporting organisations. The aim of the training event […]

Country Office of the French development agency, Agence Francaise de Development, says it has spent about one billion euros in Nigeria since 2008. A statement by Mr Olivier Delefosse, AFD’s Country director, yesterday in Abuja, said the agency’s support for the private sector was one of its priorities in Nigeria. The agency said it allocated […]