In a monumental step towards transforming Lagos into a 24-hour economy, Governor Babajide Sanwo-Olu has officially signed the 2024 Lagos Electricity Bill into law, setting the stage for a revolution in power supply across the state.
At COP29 in Baku, multilateral development banks (MDBs) announced a commitment to collectively mobilize significant financial support to help countries meet ambitious climate goals. By 2030, MDBs estimate they will direct USD 120 billion annually towards low- and middle-income countries, with a portion allocated to adaptation efforts
Solad Announces Exciting Partnership With Siltech World Towards our mission to build a distributed clean energy network across Nigeria, Solad is excited to announce our strategic partnership with SiltechWorld – a Nigerian based e-Mobility ecosystem development company. Solad would be providing solar power energy services to Siltech’s e-mobility charging infrastructure at soon-to-be-announced locations. e-Mobility solutions […]
Solar has been gaining popularity for years now, but in 2023 the clean energy source really took off: A staggering 428 gigawatts’ worth of solar was installed worldwide last year, up by 76 percent from what was deployed in 2022, per new BloombergNEF data. That’s more than double the industry’s recent growth rates.
More than 1.4 million unserved and underserved people in Nigeria have been impacted through the implementation of the Rural Electrification Agency’s 2023 Capital projects, driven by several renewable energy initiatives.
“Nigeria is leading all of Africa in bringing distributed renewable energy to communities that have not yet benefited from low-cost, affordable, and reliable electricity access,” Rajiv Shah, President of the Rockefeller Foundation, shared with FORBES AFRICA in the country’s commercial capital, Lagos, during a recent three-day visit.
Solad attended the World Bank backed Nigerian Distributed Access through Renewable Energy Scale – Up (DARES) Round table open session organized by the National Electrification Project (NEP) arm under the Rural Electrification Agency (REA) on Thursday May 24th 2024. The conference aligns with Solad’s vision in boosting sustainable energy access to Nigeria’s under served and […]
On Saturday, 27th of April 2024, Solad hosted Hon. Babajimi Benson, Member of Nigeria’s National Assembly, Damilola Ogunbiyi, CEO and UN SRSG, Sustainable Energy For All (SEForALL), Sally Woolhouse, UK in Nigeria’s Head of Economic Development, and Keith Hammond, Head of the Green Growth Team at the Foreign, Commonwealth and Development Office, Sierra Leone at […]
The Minister of Power, Adebayo Adelabu says the Federal Government, FG is addressing power deficit by using alternative energy sources, such as windfall, solar and mini-grids.
The Minister of Power, Adebayo Adelabu says the Federal Government, FG is addressing power deficit by using alternative energy sources, such as windfall, solar and mini-grids.