Month: February 2023

Nigeria’s largest hydropower generation company, Mainstream Energy Solutions Limited (MESL), has announced the engagement of ANDRITZ, an Austrian firm, for the rehabilitation, overhaul and modernisation of two generating units, 2G5 and 2G6, at the Jebba hydropower plant as well as […]

On January 30, 2023, President Muhammadu Buhari commissioned the 10 Megawatts (MW) Kano Solar Power Project funded and managed by the Nigeria Sovereign Investment Authority (NSIA). Currently, the largest grid-connected solar PV plant deployment in Nigeria, it was implemented through […]

Remittance from electricity distribution companies to the Nigerian Bulk Electricity Trading Company and Market Operator dropped by N70bn in the first quarter of 2022, according to newly released data by the Nigerian Electricity Regulatory Commission. The report showed that the […]

It was 4.36 pm. The day was Friday, January 20, 2023. The official Twitter handle of the Nigerian Electricity Regulatory Commission (NERC) announced that it has issued a license to Ibom Power Company to distribute electricity in Akwa Ibom State. […]

The latest quarterly report from the Nigerian Electricity Regulatory Commission (NERC) shows that average daily electricity production declined by 4,3 percent quarter-on-quarter (q/q) to 4,508 megawatts (MW) in the second quarter of 2022. This is compared with 4,712 MW in […]

GE Gas Power has said it is looking forward to pushing close to 500 megawatts (MW) of additional power into the national electricity grid by the second quarter of this year, when its ongoing projects would have been completed. The […]

The Federal Government has stated that about 9,000 megawatts of electricity would be generated from renewable energy in its ongoing projects. Investors king reports that the renewable energy sources to be explored include; solar, wind, hydro, tidal, biomass, geothermal, amongst […]

The Nigerian Electricity Regulatory Commission has disclosed that it has issued 11 new electricity generation licenses. This was disclosed in NERC’s newly released report that details its activities in the first quarter of 2022. The regulator did not reveal the […]

The Chairman of the ECOWAS Regional Electricity Regulatory Authority (ERERA), Kokou Laurent Tossou, has reiterated ERERA’s commitment to protect the interests of investors and participants in the regional power market. Tossou was addressing the Chairman of Sunon Asogli Power Plant, […]

Energy giant, Masdar, has revealed plans to invest in Nigeria as part of its Africa-wide penetration that seeks to boost renewable energy by 20, 000 megawatts in the next 12 years. Masdar had signed three agreements under the umbrella of […]