Egbin Power Boosts Human Capital Development with Learning Academy

In line with its commitment to excellence, Egbin Power has revitalised its Learning Academy to enhance human capital development, equipping its workforce with top-tier skills and knowledge that drive innovation, efficiency, and improved service delivery in the sector. According to the Genco, the Learning Academy is a strategic capacity development hub established to bridge competency […]Read More

Record-Breaking Annual Growth in Renewable Power Capacity 

With 585 GW of capacity additions, renewables accounted for over 90% of total power expansion globally in 2024.    Renewable Capacity Statistics 2025 released by the International Renewable Energy Agency (IRENA) today shows a massive increase in renewable power capacity during 2024, reaching 4 448 gigawatts (GW). The 585 GW addition last year indicates a 92.5% […]Read More

Line-Divine Point Chairman: Reasons for partnering Geometric Power to build

The Nigerian electricity sector was abuzz last week when Geometric Power, Nigeria’s foremost electricity integrated company, flagged off the 42-kilometre New Ukwa 33KV Line. Nigerians were fascinated to learn that the project’s cost is a mere N1.8bn, in contrast to similar projects that cost four times elsewhere. Also, of interest to Nigerians is that the […]Read More

NSIA, SEforALL, Others Create $500M Fund For Renewable Energy Projects

The Nigeria Sovereign Investment Authority (NSIA), Sustainable Energy for All (SEforALL), the International Solar Alliance (ISA), and Africa50 have launched a $500 million fund to develop and finance distributed renewable energy (DRE) projects in Nigeria. The partners revealed in a statement seen by EnergyPlanets that the NSIA, SEforALL and Africa50 signed the Fund’s Heads of […]Read More

Transmission Lines Cut Impacts Bulk Power Supply to Lagos –

The Transmission Company of Nigeria (TCN) has announced that transmission lines snap occurred between Towers 420 to 422 on the Omotoso – Ikeja West 330kV transmission line on Saturday, March 9, 2025. in a release signed by Ndidi Mbah, GM, Public Affairs, TCN stated that the lines cut has resulted in a reduction of approximately […]Read More

FG Reveals N4 Trillion Debt to GenCos, DisCos

The Nigerian Federal Government (FG) has disclosed that it owes electricity generation companies (GenCos) and distribution companies (DisCos) over N4 trillion in debt. Adebayo Adelabu, the Minister of Power, made this revelation during the recent public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja. Adelabu explained that […]Read More

Growth in global electricity demand, set to accelerate

Increase in global electricity demand and consumption through 2027 expected to average around 4% annually, driven by growing use for industry, air conditioning, electrification and data centres. The world’s global electricity demand is set to rise at its fastest pace in recent years, growing at close to 4% annually through 2027 as power use climbs […]Read More

National Grid Records Disturbance, Plunges Nigeria Into Darkness

The electricity transmission system popularly known as the national grid experienced a system outage on Wednesday morning, leaving many Nigerians without electricity. This marks the first grid disturbance in 2025 following a line-tripping incident in January. In 2024, the grid collapsed 12 times. Confirming the development on X, the Abuja Electricity Distribution Company stated: “Dear […]Read More

Africa Energy Bank To Launch In Nigeria By Q1, 2025

The Africa Energy Bank (AEB) to be hosted in Nigeria is expected to take off officially by the first quarter of this year, the Minister of State for Petroleum Resources (Oil) said Tuesday. Senator Heineken Lokpobiri made this known while giving a keynote address at the ninth edition of the Sub-Saharan Africa International Petroleum Exhibition […]Read More

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