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Posted By Admin on 26th Mar 2019   

Export-Import Bank of India (Exim Bank) has, on behalf of the government of India, extended three lines of credit totaling $83.11 million to the government of the Democratic Republic of the Congo (DRC). The credit will be used to finance…

Posted By Admin on 26th Mar 2019   

General Electric has sold approximately 650MW of renewable energy projects to Italian power giant, Enel. The assets which have a market value of $900 million, was sold for a comparatively lower $256 million, the company said in a statement. The sale…

Posted By Admin on 25th Mar 2019   

Kenya is set to receive US $2.2m investment from the UK Government for two new solar plants in Kenya as part of the UK’s Department for International Development’s Transforming Energy Access programme. Minister for Africa Harriet Baldwin confirmed the reports and said that…

Posted By Admin on 25th Mar 2019   

When Big Oil majors started buying EV charging networks and battery producers, they probably earned some praise for venturing into new business directions away from their increasingly unpopular core business. Now, they are taking this a step further: supermajors have…

Posted By Admin on 25th Mar 2019   

Abu Nmodu, in this report says efforts by the Niger State government has resulted in 12 hours supply of electricity in Minna, the state capital. Niger State prides itself as’ Power State’ because it plays host to three major hydro electric…

Posted By Admin on 22nd Mar 2019   

Some residents of Okota, Lagos, yesterday insisted on being metered by the Ikeja Electric (IE), as they relaunched their compaign against “crazy bills.” During a protest at the Okota Road office of electricity distribution company (DisCo), the residents said they…

Posted By Admin on 22nd Mar 2019   

BUA Group has signed a contract with Wartsila Oy of Finland for the construction of a 48 megawatt power plant for Sokoto Cement line 3 in Sokoto State. This is coming two months after BUA announced that it has signed…