Articles

Great Achievements Recorded as Africa Strive Towards Renewable Energy Transition

PricewaterhouseCoopers (PwC) highlights Africa’s positive strides in the clean energy transition, citing various countries harnessing the continent’s vast renewable energy potential. The firm underscores the need to balance these efforts with developing fossil fuel resources to expedite the transition and maximize benefits. Andries Rossouw, PwC Africa energy leader, emphasizes the pivotal role of lower carbon…

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Why Nigeria is Transiting to Renewable Energy

Nigeria, Africa’s most populous nation, has long stood as an economic powerhouse propelled by the dominance of fossil fuels, particularly oil, in its energy landscape. This historical reliance, while instrumental in fostering economic growth, has also been a double-edged sword, subjecting the country to environmental degradation and vulnerability to global oil price fluctuations. The urgent

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Why Nigeria is Transiting to Renewable Energy

Nigeria, Africa’s most populous nation, has long stood as an economic powerhouse propelled by the dominance of fossil fuels, particularly oil, in its energy landscape. This historical reliance, while instrumental in fostering economic growth, has also been a double-edged sword, subjecting the country to environmental degradation and vulnerability to global oil price fluctuations. The urgent

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NNPC Expresses Renewable Energy Cost Concerns.

The Managing Director and Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, highlighted concerns about the potential hindrance posed by the cost of renewable energy to Nigeria and other economically constrained African nations. Speaking at the Nigerian Association of Petroleum Explorationists’ annual conference in Lagos, Kyari emphasized the challenge

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Decarbonization Agreements To Boost Energy

Sasol and Air Liquide have entered into 20-year power purchase agreements (PPAs) as part of their joint initiative to decarbonize operations. Mainstream, a leading renewable energy developer in South Africa, is proud to be their partner in delivering efficient and cost-effective solutions for decarbonization needs. Hein Reyneke, General Manager for Africa at Mainstream, emphasized the

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How Renewable Energy can Propel Nigeria towards Energy Security

Nigeria, Sub-Saharan Africa’s largest economy, faces energy challenges as its fossil fuel dependency, accounting for 90% of energy consumption, contributes to limited electricity access, unreliable power, and high energy costs (World Bank, 2021). This reliance hampers economic growth, affecting businesses and lowering living standards, while also causing environmental issues like air pollution and greenhouse gas

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To Enhance Renewable Energy and Economic Collaboration, Nigeria and Germany Signs Agreement Worth of $500 Million.

In a momentous effort to enhance economic collaboration, Nigerian and German companies finalized two groundbreaking agreements in Berlin, valued at a significant $500 million. The Presidential spokesperson, Ajuri Ngelale, emphasized the historic nature of these accords, which involve a renewable energy pact and a gas export deal. Union Bank of Nigeria and Germany’s DWS Group

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Empowering Africa: The Vital Role of Renewable Energy in Retaining The Younger Generation.

In recent years, the issue of youth migration from Africa has gained prominence, with many young individuals considering relocating to pursue better opportunities abroad. However, a crucial factor that could play a pivotal role in convincing the youth to stay and contribute to the development of their home continent is the urgent need for accessible

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Polish Former President Takes the Lead as Efforts are Made Towards Sustainable and Renewable Energy in Nigeria.

Former Polish President Bronisław Komorowski is set to spearhead efforts towards sustainable and renewable energy in Nigeria and Africa at the African Industrial and Development Conference (AIDCA) 2023. The conference, as conveyed by Adedotun Olaoluwa, President of Dotmount Communications, will not only host a prominent Polish business delegation but also serve as a platform to

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Bioenergy Europe celebrates EU’s Bioenergy Day

Bioenergy Europe celebrates the EU’s Bioenergy Day in November, marking the month when bioenergy alone could sustain the Union’s energy needs for the year. Each EU country has its National Bioenergy Day, showcasing how bioenergy liberates communities from fossil fuels, cutting greenhouse gases and energy costs. Over two decades, Lithuania shifted from relying on Russian

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