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Posted By Admin on 12th Jul 2018   

The Nigerian Electricity Regulatory Commission (NERC) still insists that the board and management of the Ibadan Electricity Distribution Company (IBEDC) remain suspended for giving an unauthorised loan of N6 billion to its core investor, Daily Trust exclusively reports. Industry sources…

Posted By Admin on 10th Jul 2018   

A major stride in the attainment of national energy sufficiency was achieved in Lagos on Monday with the commencement of technical framing workshop and subsequent project signing ceremony of the seven Critical Gas Development Projects (7CGDP) to deliver about 3.4…

Posted By Admin on 10th Jul 2018   

The Eko Electricity Distribution Company (EKEDC) has attributed the current power outage on its network towhat it called system collapse of the National Grid. Mr Godwin Idemudia, the General Manager, Corporate Communications of the company, said on Monday that the…

Posted By Admin on 10th Jul 2018   

The federal government has committed to invest N72 billion for the procurement and installation of equipment to help distribute unused 2,000 MegaWatts (MW) of electricity to consumers in the country. Babatunde Fashola, the Minister of Power, Works and Housing said…

Posted By Admin on 9th Jul 2018   

Executive Secretary of Association of Power Generation Companies (APGC), Dr. Joy Ogaji, told ROSELINE OKERE, Assistant Editor, Energy and Solid Minerals, in this interview that electricity distribution companies are focusing attention on high profile consumers thereby neglecting low-income earners. •…

Posted By Admin on 9th Jul 2018   

Oil giant Shell says it invests up to $2 billion every year on renewables and clean fuel technology, from its total annual budget of between $25 billion to $30 billion, amount it said is over what known world’s top oil…

Posted By Admin on 9th Jul 2018   

Energy market research firm IHS Markit issued a whitepaper highlighting trends impacting the global solar and energy storage industry in 2018. According to the whitepaper, annual solar installations grew by 20% in 2017 compared to the 2016 level. Despite policy changes and…