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To Revolutionize Nigeria’s Energy Sector, Chinese and Nigerian Firms Pledge $1 Billion

In a groundbreaking move, the Beijing Zhogmin Xinjunlong New Energy Technology Company Ltd. from China and Nigeria’s NIGUS International have inked a historic $1 billion deal aimed at eradicating gas flaring in Nigeria while propelling the nation into the realm of sustainable green energy production. The pivotal agreement was lauded by HRH Malik Ado Ibrahim,…

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Blonergy Energy’s Immeasurable Commitment to Shaping Renewable Energy Solution in Nigeria.

Blonergy Energy is making significant strides in Nigeria by not only providing renewable energy solutions but also actively engaging in teaching and installing these sustainable technologies. In a country where energy access remains a challenge for many, Blonergy’s commitment to fostering clean and reliable power sources is commendable. One of Blonergy’s key initiatives is its

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Renewable Energy Solutions Lifts Hope for Rural Nigeria through Renewable Energy Investments

In a groundbreaking initiative, the Nigeria Sovereign Investment Authority (NSIA) has unveiled plans to address power shortages in energy-deprived communities across the country by focusing on renewable energy solutions. The NSIA, in collaboration with Nigerian impact investor ALL ON, aims to deploy small-scale solutions such as solar mini-grids and home systems to reach areas abandoned

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To Boost Renewable Energy in Nigeria, World Bank Approves $750m

In a groundbreaking move to enhance access to clean energy for 17.5 million Nigerians, the World Bank greenlights the Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project. Financed by a $750 million International Development Association (IDA) credit, the initiative aims to leverage over $1 billion in private capital, along with substantial parallel financing from

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Oando, Cross River sets up Renewable Energy Infrastructure.

Oando Plc has inked a pivotal deal with the Cross River State Government to establish an electric vehicle (EV) assembly plant focused on producing electric-powered mass transportation vehicles. The agreement materialized during the Conference of the Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC), known as COP28, hosted in Dubai, UAE—an annual

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Unraveling The Africa’s Energy Financial Gap

At the 6th African International Conference on Islamic Finance (AICIF) themed ‘Towards a Just Transition,’ it was revealed that Africa, including Nigeria, requires an annual investment of $22.6-$30 billion to address the energy financing gap amid global efforts to combat climate change. The disclosure, made by Ummahani Amin, the Convener and Conference Chair, highlighted the

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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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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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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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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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