President Bola Tinubu has approved N108 billion for the 36 states of the federation to tackle flooding, erosion and other natural disaster. This was made known on Wednesday by Vice President Kashim Shettima at the State House in Abuja, the nation’s capital. Receiving the Speaker of the House of Representatives Speaker Abbas Tajudeen, the Vice […]Read More
Africa50, a leading pan-African infrastructure investment group, has pledged $100 million to accelerate renewable energy projects and infrastructure across Africa. This $100 million investment stems from a collaboration agreement between Africa50 and the International Renewable Energy Agency (IRENA). The funds will be managed through IRENA’s Energy Transition Accelerator Financing (ETAF) platform. IRENA revealed that the […]Read More
Targets for 100 percent electric vehicle adoption by 2035 cannot be achieved without an unprecedented acceleration in copper mining, according to Joseph McMonigle, the Secretary General of the International Energy Forum. Copper is the most essential mineral for societal development, but growing electrification needs globally cannot be met if limited supplies of copper are taken […]Read More
The US and China have pledged to further cooperate on methane reduction, among other things, following a first meeting between the countries’ new climate envoys on May 8-9, in Washington. The meeting follows video conferencing between the two sides in January under their “working group on enhancing climate action in the 2020s” initiative. China and […]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
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
The International Renewable Energy Agency (IRENA) today launched a new initiative aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition. The new IRENA NewGen Renewable Energy Accelerator (NewGen), will provide capacity building, mentorship and other resources to youth-led projects and start-ups that are developing innovative solutions to advance the adoption of […]Read More
Sterling Bank Plc’s corporate headquarters, which is powered by Building Integrated Photovoltaic (BIPV) energy technology as its primary source of energy, is set to go completely off-grid in the second quarter of the year. Olabanjo Alimi, group head of transport and renewable energy at Sterling Bank, told EnergyPlanets in an exclusive interview that the building […]Read More
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