Category: Alternative & Renewable Energy
REA MD, Damilola Ogunbiyi tipped as leader in Nigeria’s Clean Energy Revolution
In recognition of energy access impact on women in Sub-Saharan African countries. Women are emerging, not just as consumers of a new wave of innovative energy access products and services, but also as leading entrepreneurs and leaders – shaping the industry. In view of this the International Energy Agency (IEA) report has disclosed that about 600…
Rocky Mountain Institute, REA to launch roadmap for electricity minigrid market
Rocky Mountain Institute (RMI) and the Rural Electrification Agency (REA), have set to release a first-of-its-kind, three-year roadmap for Africa on May 1, 2018. This will outlines how to achieve $0.20/kWh from electric minigrid technology by 2020. The roadmap will outline how much capital is required and a plan for transitioning funding from grants and…
German firm, UNICAL set to partner on power
Oke Peter with Agency Report The Vice Chancellor of University of Calabar (UNICAL), Professor Zana Akpagu, has assured the university community of constant electricity power supply following the inauguration of a solar energy project in the institution. Speaking at the groundbreaking ceremony, the Professor Akpagu said the project, being carried out in partnership with the…
Our model is ideal for sub-Saharan African projects —Martin Haupts, Phanes Group founder
Martin Haupts is the founder of Phanes Group, a firm that focuses on renewable energy and emerging markets. Since 2012, Martin has orchestrated the company’s transition from an advisory-focused firm to an integrated solar developer and investment manager with a transaction volume exceeding USD 250million by 2016. Under Martin’s stewardship, Phanes Group secured the largest…
Denham Capital set to invest $250m in Nigerian, African energy projects
A London-based private equity firm, Denham Capital, has unveils its plan to channel at least $250 million into energy projects in Africa. The company has established a partnership with Neo Themis, a power supplier based in Casablanca, Morocco. It’s currently developing about 400 megawatts of renewable energy and gas-fired projects across Africa and seeks to…
FG commends NNPC’s foray into renewable energy
The Federal Government has commended the Nigerian National Petroleum Corporation (NNPC) for venturing into the development of renewable energy across the country. Minister of Science and Technology, Dr. Ogbonnaya Onu, gave this commendation Thursday during his visit to the NNPC’s pavilion at the ongoing Technology and Innovation Expo 2018 at the Eagles Square in Abuja….
