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Posted By Admin on 23rd Sep 2019   

A $500,000 grant to support the development and launch of the Nigeria Energy Access Fund (NEAF), has been approved by the Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank. The official logo for Vanguard Live NEAF…

Posted By Admin on 23rd Sep 2019   

President Buhari has described the agreement signed with a German company, Siemens, to boost Nigeria’s power sector as welcoming for Nigeria. According to the president, Nigerians were eagerly looking forward to improvement in the power sector German diplomat, Birgitt Ory,…

Posted By Admin on 20th Sep 2019   

Austria’s transmission system operator Austrian Power Grid (APG) has signed a five-year framework contract with ABB to supply gas-insulated switchgear to support the country’s largest electricity grid expansion to date. The contract, potentially worth more than $100m, will see ABB supply gas-insulated…

Posted By Admin on 20th Sep 2019   

The lack of cost-reflective tariffs is discouraging investments in the ailing Nigerian electricity sector, a firm involved in power generation in the country has said. Azura Power, which in 2018 delivered Nigeria’s first privately-financed power plant in Edo State, has…

Posted By Admin on 20th Sep 2019   

Fenix International, a next-generation energy company and subsidiary of ENGIE, has opened its sixth market in Mozambique, where it expects to reach 200,000 households with clean energy and inclusive financial services within three years. Fenix is the first PAYGO solar…

Posted By Admin on 19th Sep 2019   

It is commendable that President Muhammadu Buhari is set to revisit thorny issues that have been responsible for the decrepit status of the power sector despite expending whopping sums of money to revive a sector whose performance has become the…

Posted By Admin on 19th Sep 2019   

The Nigerian Electricity Regulatory Commission said power distribution is poor in the country as a result of DisCos – NERC, however, said it was working on addressing the distribution problem with DisCos – According to the commission, limitation in distribution…