The World Bank and the African Development Bank (AfDB) have announced plans to come together and provide access to energy for 300 million Africans by 2030. According to the Banks, the plan will cost around $30 billion and is to be funded by the World Bank through the International Development Association (IDA) and the AfDB […]Read More
President Bola Tinubu has taken significant steps towards enhancing Nigeria’s investment climate, particularly in the oil and gas sector. The President recently signed three crucial execution orders aimed at fostering a more favourable environment for investment and positioning Nigeria as the top choice for investment in Africa’s oil and gas industry. According to a statement […]Read More
The Gas Exporting Countries Forum (GECF) has announced the signing of two crucial Memoranda of Understanding (MoUs) with the African Energy Commission (AFREC) and the Economic Research Institute for ASEAN and East Asia (ERIA). These partnerships aim to foster expertise sharing, joint research, and workshops in the energy sector to drive sustainable development and technological […]Read More
Egypt has inked seven memoranda of understanding (MoUs) with international developers in the green hydrogen and renewable energy domains. These agreements, poised to attract investments totaling approximately $40 billion over the next decade, mark a pivotal step in Egypt’s ambitious green energy agenda. According to Planning Minister Hala al-Said, the investment landscape is set to […]Read More
The Nigerian Electricity Regulatory Commission (NERC) has issued two licences to the Alaro Connect Free Zone Enterprise at Alaro City in Epe, Lagos State, to generate and distribute electricity within the free zone. According to NERC, the first license is designated for Embedded Electricity Generation, enabling the enterprise to generate up to 10 megawatts of […]Read More
Eskom, South Africa’s main power supplier, recently announced the expiration of budget quotes for integrating four projects into the grid under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP). Initiated in 2020 to tackle the country’s energy issues, RMIPPPP sought to secure 2,000MW from diverse dispatchable technologies, such as gas, solar PV, wind, battery […]Read More
IDCOL and the Ethiopian Ministry of Water & Energy joined forces on December 22, 2023, in Addis Ababa, sealing a significant deal for Advisory Services to drive the implementation of the Solar Home System program. Sultan Welle Ahmed, the state minister for Energy Development in Ethiopia, and Shibli Mohammad Faiz, VP & unit head of […]Read More
In the final quarter of 2023, European power producers achieved a significant milestone by generating more electricity from wind sources than from coal for the first time. According to data from the think tank Ember, Europe’s utilities produced a record-breaking 193 terawatt hours (TWh) from wind sites, surpassing the 184 TWh generated from coal-fired power […]Read More
President Bola Tinubu will embark on a journey to Dubai, United Arab Emirates, on Wednesday to participate in the Conference of Parties (COP) 28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28). The President will address the World Leaders’ Summit, scheduled for […]Read More
Global Wind Organisation (GWO) and the Japanese Wind Power Association (JWPA) have agreed terms in a Memorandum of Understanding to describe recommended training for wind technicians in Japan. The MOU, signed at the Global Offshore Wind Summit in Kitakyushu, emphasises GWO’s role in developing entry-level skills. This collaboration aims to reshape workforce development, addressing Japan’s […]Read More
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