In a world grappling with climate change, clean energy plays a vital role in reducing emissions, and can also benefit communities lacking access to reliable power sources. Still today, 666 million people live in the dark – more than 85 per cent of them in Sub-Saharan Africa.
President Bola Tinubu has approved the implementation and operationalization of Nigeria’s carbon market framework, a landmark policy expected to generate at least $3 billion annually by 2030. This was disclosed by Tenioye Majekodunmi, Director-General of the National Council on Climate Change (NCCC). The framework positions Nigeria at the forefront of carbon trading, opening the door to large-scale emission allowance transactions […]
Solad Integrated Power Solutions Limited (Solad) has successfully commissioned a major solar and battery storage system for OML34. OML 34 is a strategic oil and gas asset located in the Western Niger Delta. The lease comprises producing fields Utorogu, Ughelli East, and Ughelli West. The solar project marks a significant milestone as the oil and […]
From Oil Fields to Solar Microgrids: Africa’s Pragmatic Path to a Just Energy Transition Africa’s energy transition is too often framed as a binary choice: fossil fuels or renewables. This framing may suit campaign slogans, but it does not reflect realities on the ground. From the oil fields of the Niger Delta to the solar […]
From Oil Fields to Solar Microgrids: Africa’s Pragmatic Path to a Just Energy Transition Africa’s energy transition is too often framed as a binary choice: fossil fuels or renewables. This framing may suit campaign slogans, but it does not reflect realities on the ground. From the oil fields of the Niger Delta to the solar […]
Solad Powers OML34’s Critical Operations with Solar, Cutting Diesel Costs and Carbon Emissions Solad Integrated Power Solutions Limited (“Solad”) has successfully commissioned a major solar and battery storage system for OML34. The project marks a significant milestone as the oil and gas sector moves towards more sustainable energy practices, powering critical facilities for the NNPC […]
Delta40, in partnership with GOGLA, hosted the Delta40 Energy and Mobility Innovation Scale Summit, a two-day gathering in Lagos that brought together decision makers across Africa’s innovation, investment, corporate, and policy sectors, to accelerate investment and innovation in the continent’s clean energy and mobility sectors. Co-hosted with GOGLA and supported by The Rockefeller Foundation, the Global Energy […]
Nigeria imposed a 15% tax on fuel imports as it looks to bolster its energy independence. Africa’s most populous nation recently started operations at a $20 billion refinery that could be one of the world’s largest once it reaches full capacity, and is aiming to potentially double it in size, part of efforts to strengthen […]
Nigeria imposed a 15% tax on fuel imports as it looks to bolster its energy independence. Africa’s most populous nation recently started operations at a $20 billion refinery that could be one of the world’s largest once it reaches full capacity, and is aiming to potentially double it in size, part of efforts to strengthen […]
The African Development Bank Group (AfDB), The International Finance Corporation (IFC), and partner organizations today announce the appointment of Inspired Evolution as the investment manager for Zafiri, a new decentralised renewable energy (DRE) equity investment vehicle targeting small-scale and decentralized renewable energy, to expand access to electricity and clean cooking solutions for tens of millions […]