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Energy Transition

  • Energy Transition

    Mauritania’s Solar Revolution: How a $289 Million Project Will Power Up the Country and Beyond

    by Motoni Olodun January 28, 2024
    by Motoni Olodun January 28, 2024

    A $289.5 million financing package from the African Development Bank and the Green Climate Fund will support two major projects that aim to develop solar power generation, transnational electricity interconnection …

  • Energy TransitionIn the News

    USTDA Facilitates US-South Africa Collaboration on Green Hydrogen Development

    by Ikeoluwa Juliana Ogungbangbe January 27, 2024
    by Ikeoluwa Juliana Ogungbangbe January 27, 2024

    The US Trade and Development Agency is set to host a South African delegation to promote collaboration in the burgeoning green hydrogen sector.

  • Energy TransitionIn the News

    Energy Vault to Power Southern Africa with Gravity Energy Storage

    by Motoni Olodun January 26, 2024
    by Motoni Olodun January 26, 2024

    Energy Vault, a leader in sustainable, grid-scale energy storage solutions, has announced a new licensing and royalty agreement that will expand its global footprint in the Southern African Development Community …

  • Energy TransitionIn the News

    Nigeria Activates $1.3 Billion Chinese-Backed Power Plant, Boosting Energy Capacity

    by Ikeoluwa Juliana Ogungbangbe January 26, 2024
    by Ikeoluwa Juliana Ogungbangbe January 26, 2024

    Mainstream Energy has started operating a new 700 MW hydroelectric plant in Zungeru, Nigeria, financed with a $1.3 billion loan from China.

  • Energy TransitionIn the News

    South Africa Plans Independent Transmission Project Office to Boost Grid Capacity

    by Ikeoluwa Juliana Ogungbangbe January 24, 2024
    by Ikeoluwa Juliana Ogungbangbe January 24, 2024

    The government of South Africa aims to establish an independent transmission project office to procure new grid capacity using a build, operate, and transfer (BOT) model to address ongoing electricity …

  • Energy Transition

    Solar Power and Battery Storage Light Up Eastern Cape Estate

    by Motoni Olodun January 23, 2024
    by Motoni Olodun January 23, 2024

    Residents of Coral Beach Residential Estate in the Eastern Cape are enjoying uninterrupted power supply thanks to a state-of-the-art solar photovoltaic (PV) and battery energy storage system (BESS) installed by …

  • Energy TransitionIn the NewsMarkets

    Dangote Refinery Enhances Product Distribution with Key Partnerships

    by Oluwatosin Racheal Alabi January 23, 2024
    by Oluwatosin Racheal Alabi January 23, 2024

    Dangote Refinery embarks on a major initiative, registering key associations for efficient nationwide distribution of refined petroleum products, reshaping Nigeria’s oil sector.

  • Energy Transition

    Global Leaders Launch Initiative to Boost Clean Energy Investment in Emerging Economies

    by Motoni Olodun January 22, 2024
    by Motoni Olodun January 22, 2024

    The World Economic Forum (WEF) 2024 Annual Meetings in Davos witnessed the launch of a new alliance of ministers and CEOs to unlock the funding needed for the Global South’s …

  • Energy TransitionIn the NewsMarkets

    Energean Continues Strong Performance Despite Security Concerns

    by Ikeoluwa Juliana Ogungbangbe January 19, 2024
    by Ikeoluwa Juliana Ogungbangbe January 19, 2024

    Energean, a prominent independent gas producer, has released impressive results, maintaining its trajectory towards achieving a daily production goal of 200,000 barrels of oil equivalent (boepd) despite geopolitical tensions. CEO …

  • Energy Transition

    Nigeria Greenlights Shell’s Asset Sale; A New Era in Oil Sector

    by Oluwatosin Racheal Alabi January 19, 2024
    by Oluwatosin Racheal Alabi January 19, 2024

    Nigeria sets a new course in its oil industry, approving Shell’s landmark asset sale to local firms, signaling a shift towards empowering domestic players.

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Nigeria’s Oil Boom: Record Production in September 2023

Eni Announces Major Offshore Libya Gas Discovery
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Eni Announces Major Offshore Libya Gas Discovery
Chevron Surpasses $400 Billion Valuation as Oil Rally Drives...
Dangote Refinery Raises Petrol Price Again

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