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Nigeria firms get $83m IFC-Norfund funding for off-grid power development
500,000 households to be connected, 2.9m people to be served Ziggy Ojiegbe A new financing push led by the International Finance Corporation and Norway’s Norfund is set to expand electricity access to millions of Nigerians living beyond the reach of…
Flight without fuel: Electric air taxis signal a clean break for aviation
Frank Okon Aviation took a visible step toward a cleaner future this week as Joby Aviation completed the first point-to-point electric air taxi flights in the history of New York City, signaling that urban air mobility is moving from concept…
Global solar power generation jumps 636TWh to record 2,778 TWh in 2025
Frank Okon Global solar power generation surged to an unprecedented level in 2025, rising by 636 terawatt-hours (TWh)—a 33% increase over 2024—to reach a record 2,778 TWh, according to the Ember Global Electricity Review 2026. The increase marks the largest…
China’s solar power export to Africa hit 19GW in 2025, toppling Nigeria’s total generating capacity
Frank Okon Chinese firms shipped a significant 19,000 megawatts of solar generating capacity to Africa in 2025, marking a 48% increase on 2024. The scale is striking when set against countries like Nigeria, where total available grid power has at…
UN says renewables guarantee security amid global energy shocks
Ziggy Ojiegbe The conflict in the Middle East is driving up global oil and gas prices, underscoring the strategic value of renewable energy, the UN’s top climate change official warned on Monday. Speaking at the 2026 Green Growth Summit in…
SEFA targets $10 Bn for Africa’s clean energy projects
Sopuruchi Onwuka The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank Group, plans to mobilize more than $10 billion in commercial capital by 2030 to finance clean energy projects across the continent as momentum builds behind…
FG unveils GAMCO to unlock 1,600MW of stranded power
Sopuruchi Onwuka The Niger Delta Power Holding Company (NDPHC) Plc and other players in the Nigerian upstream power sector will soon find enhanced access to the high demand domestic electricity supply market following moves to establish a special purpose entity…
Asia’s EV Revolution Accelerates on Iran War Oil Shock
Ziggy Ojiegbe The shift from internal combustion engine vehicles to electric vehicles (EVs) across Asia is gaining fresh momentum as fuel prices surge following the war in Iran, which has rattled global oil markets. Southeast Asia, where the transition to…
EKEDC Appointment: WIEN Congratulates Sherifat Adegbenro
The Women in Energy Network (WIEN) has congratulated one of its members, Sherifat Adegbenro, on her appointment as Deputy Managing Director of Eko Electricity Distribution Company (EKEDC). Adegbenro was until her appointment the Chief Audit and Compliance Officer at EKEDC….
REA, Lotus Bank to launch dedicated renewable energy financing facility
Sopuruchi Onwuka The Rural Electrification Agency (REA) and Lotus Bank have agreed to deepen their collaboration on renewable energy financing in Nigeria, marking a shift from project-based support to a structured, large-scale funding framework. The decision followed a high-level meeting…
