Nigeria is on the verge of a boom in mini power grids that could stimulate rural economies and bring jobs to frustrated youth thinking of leaving, researchers said on Wednesday. Less than half of all Nigerians and only about a third of those living in rural areas have access to electricity, according to the United…
The Off-Grid Energy Access Fund (OGEF) had its first close on Thursday, 2 August 2018 with committed capital of US$ 58 million from the African Development Bank, the Nordic Development Fund, the Global Environment Facility, Calvert Impact Capital and All On. The Fund is part of the Bank’s sponsored Facility for Energy Inclusion (FEI), a…
The Federal University of Agriculture, Abeokuta (FUNAAB) is desirous of undertaking bids exercise for the hydropower project. Bidding will be conducted through the National Competitive Bidding. Interested and eligible bidders may obtain further information from the Procurement Unit, Room A119, Unity Building ‘A’ from 9:00 am to 3:00 pm Mondays to Fridays, except on public…
Exxon Mobil has been looking to buy renewable energy for delivery in Texas, according to people familiar with the matter. The largest U.S. oil company sent out a request for proposals with a June 8 deadline, inviting solar or wind power suppliers to pitch contracts that would last 12, 15 or 20 years, according to…
UK aid will help over 11 million people living off the grid access clean energy British expertise to help small UK and African energy businesses grow Two thirds of sub-Saharan African population has no access to electricity UK aid is supporting the growth of innovative solar technology companies which are providing clean energy to off-grid…
Azuri Technologies was among the UK Prime Minister Theresa May’s business delegation visiting Nigeria.The visit was aimed at strengthening business relations between the two countries. Azuri CEO Simon Bransfield-Garth is among the select group of UK business leaders who are meeting with government officials and trade ambassadors from South Africa, Nigeria and Kenya this week to…
Power distribution companies (Discos) are not only indebted to their counterparts in the electricity generation arm of the sector, they also owe service providers a total of N205.51bn. The service providers in the power sector are the Nigerian Electricity Regulatory Commission, the Nigerian Bulk Electricity Trading Plc, the Transmission Service Provider, the System Operator and…
The Managing Director of the Transmission Company of Nigeria (TCN), Mr Usman Gur Mohammed, said three attempts for a Supervisory Control and Data Acquisition (SCADA) to monitor the electricity grid have failed, with one project costing $46 million (about N16.586 billion). SCADA system is a modern tool for real time data and voice exchange between…
The management of Transmission Company of Nigeria, TCN, has disclosed that it is embarking on a swot up that would assist it in laying underground cables to connect Eko Atlantic with a view to supplying electricity to the modern city. TCN’s Managing Director, Mr. Usman Gur Mohammed, who disclosed this in Abuja, noted that Eko…
The electricity distribution companies (Discos) in Nigeria’s power sector have cautioned the federal government against unilaterally investing N72 billion to upgrade their distribution networks, stating that they may not be able to recover it from the current tariff they charge for distributing power to consumers. Speaking through their umbrella association – the Association of Nigerian…
