In a bid to champion sustainable energy solutions across the continent, Stanbic IBTC recently hosted the Nigeria South Africa Chamber of Commerce (NSACC) September Breakfast Session. The event which was held at the Iris Hall in Eko Hotel & Suites, Lagos was centred around the theme ‘Energy Transition: Identifying the need and financing the opportunities’. The gathering brought together a …

Special Presidential Envoy on Climate Action (SPEC), and Presidential spokesman, Chief Ajuri Ngelale, said yesterday that a German firm, PANA Holdings, has expressed interest in building renewable energy and allied decarbonization technology manufacturing facilities in Nigeria’s green industrial zone, Evergreen City, with the support of the German government. SPEC said he engaged with prized innovator and entrepreneur, Mr. Daere Akobo, …

Nigeria is set to localise the production of cutting-edge technologies, thanks to a partnership with Sinoma International Engineering Company in a significant step towards achieving self-sufficiency in renewable energy. This was the thrust of a substantive discussion between Nigeria and the Executive Management of Sinoma International Engineering Company at their Beijing Headquarters yesterday. The discussions, led by the Special Presidential …

A renewable energy plan for Cross River State was unfolded yesterday following the signing of a Memorandum of Understanding (MoU) between the state and Oando Clean Energy (OCEL), the renewable energy business subsidiary of Oando Energy Resources, a part of the Oando PLC Group. The agreement was signed in Dubai as a sideline of the ongoing COP28 summit in the …

Luxembourg-based Universal Green Energy Access Programme (UGEAP), and Union Bank of Nigeria have formalised a strategic partnership to catalyse the development of the renewable energy market in Nigeria. This collaboration, marked initially by a Memorandum of Understanding (MoU), aims to drive sustainable energy access for households and small and medium businesses across Sub-Saharan Africa, primarily focusing on Nigeria. A 15-year …

The Niger Delta Development Commission (NDDC) said it would work with International Oil Companies (IOCs), and other development partners to increase investments in renewable energy projects to reduce the impact of climate change in the Niger Delta region. During a courtesy visit by a delegation from the TotalEnergies Nigeria Limited to the NDDC headquarters in Port Harcourt, the commission’s Managing …

The Minister of Power, Adebayo Adelabu, has said exploring renewable sources like solar, hydro, and wind, will not only reduce carbon emissions but also spur economic growth and job creation. A statement made available to newsmen on Thursday said he disclosed this at the ongoing Nigeria Energy Exhibition and Conference in Lagos. The conference, which was organised by Informa Markets …

The Peoples Democratic Party (PDP) governorship candidate in Rivers State, Mr Siminalayi will provide affordable renewable energy supply if elected, according to the Director of New Media for the party’s Campaign Council, Mrs Ibim Semenitari. In a statement in Abuja on Tuesday, Semenitari added that Rivers State indigenes would experience a new electricity regime. She said Fubara would create a …