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US Export-Import Bank pushes Africa renewables
Ex-Im has granted other loans globally that have drawn scrutiny for being out of step with US President Joe Biden’s pledge to curb public funding support of fossil fuels.
Decarbonising Nigeria is feasible with current power technologies – and will not cost more — Wale Yusuff, Managing Director, Wärtsilä Nigeria
Wale Yusuff, Managing Director of Wärtsilä in Nigeria, explained how the most advanced studies had shown that decarbonising Nigeria was not only feasible, but that it could also be done in a way that lowered the cost of electricity going forward.
Sulzer Schmid introduces the brand new 3DX™ AutoPilot for industry-leading image quality
With the new technology damages are identified with greater precision. The risk of missing a damage or wrongly interpreting inspection data is greatly reduced, thus avoiding any poorly planned or wrongly executed repairs.
NESG: EO5 should be extended beyond oil and gas
Speaking specifically on EO5, Adubi stated that its implementation beyond the oil and gas sector would help sustain the MSMEs and the private sector.
Nigeria recorded 7,143 cases of pipeline breakages in five years —NEITI
Oil theft was an emergency that posed serious threat to oil exploration and exploitation with huge negative consequences on economic growth, business prospects and profit earnings by oil companies.
Oil price of $80–95 per barrel could be new normal in 2024
Elevated oil prices may be here to stay for the medium-to-long term, but it would have to take extreme geopolitical risks to push prices into triple digits in the immediate future, according to Ole Hansen, head of commodity research at Danish investment bank Saxo Bank.
Egbin Power commemorates 10th anniversary of post-privatization, restates commitment to sustainable progress
The GenCo, while commemorating the occasion, attributed the achievement over the decade to the unwavering commitment of the Board, Management, and staff as well as massive support from partners in the power sector value chain.
World shift to clean energy is unstoppable, IEA report says
The report sees huge potential for solar panels in the future energy mix
The world is on an “unstoppable” shift towards renewable energy but the phase down of fossil fuels is not happening quickly enough, a new report says.
GCF commits $50m equity investment to boost renewable energy in Sub-Saharan Africa through REPP 2
The latest research indicates that approximately 590 million people in Sub-Saharan Africa lack access to electricity.