Renewables & Sustainability Archives - Nairametrics https://nairametrics.com/category/industries/renewables-sustainability/ Destination for Business news and analysis from Africa's largest economy Thu, 03 Jul 2025 19:27:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://nairametrics.com/wp-content/uploads/2021/08/cropped-cropped-favicon-1.png?resize=75,75 Renewables & Sustainability Archives - Nairametrics https://nairametrics.com/category/industries/renewables-sustainability/ 32 32 201037849 NCC, REA move to cut $350 million annual diesel cost for Nigerian telecom operators  https://nairametrics.com/2025/07/02/ncc-rea-move-to-cut-350-million-annual-diesel-cost-for-nigerian-telecom-operators/ https://nairametrics.com/2025/07/02/ncc-rea-move-to-cut-350-million-annual-diesel-cost-for-nigerian-telecom-operators/#respond Wed, 02 Jul 2025 19:33:20 +0000 https://nairametrics.com/?p=518369 The Nigerian Communications Commission (NCC) and Rural Electrification Agency (REA) have teamed up to develop an initiative that will reduce the $350 million annual spending on diesel by telecom operators in Nigeria. 

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]]> https://nairametrics.com/2025/07/02/ncc-rea-move-to-cut-350-million-annual-diesel-cost-for-nigerian-telecom-operators/feed/ 0 518369 Abia community demands further land concession for airport project buffer zone  https://nairametrics.com/2025/05/05/abia-community-demands-further-land-concession-for-airport-project-buffer-zone/ https://nairametrics.com/2025/05/05/abia-community-demands-further-land-concession-for-airport-project-buffer-zone/#respond Mon, 05 May 2025 20:19:04 +0000 https://nairametrics.com/?p=514697 Leaders of Umuezeukwu, a host community to the proposed Abia Airport project in Isiala Ngwa North Local Government Area, have renewed calls for the state government to grant a further land concession to create a 500-meter buffer zone between their homes and the airport site. 

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]]> https://nairametrics.com/2025/05/05/abia-community-demands-further-land-concession-for-airport-project-buffer-zone/feed/ 0 514697 Renewable energy can boost year-round farming, cut farmers’ post-harvest losses – Agric Sector Skills Council Boss  https://nairametrics.com/2025/03/26/renewable-energy-can-boost-year-round-farming-cut-farmers-post-harvest-losses-agric-sector-skills-council-boss/ https://nairametrics.com/2025/03/26/renewable-energy-can-boost-year-round-farming-cut-farmers-post-harvest-losses-agric-sector-skills-council-boss/#respond Wed, 26 Mar 2025 07:05:27 +0000 https://nairametrics.com/?p=511888 Newton Ovie, Executive Secretary of the Nigerian Sector Skills Council for Agriculture (SSC4A), has emphasized the critical role of renewable energy in transforming Nigeria’s agricultural sector, particularly for rural farmers. 

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]]> https://nairametrics.com/2025/03/26/renewable-energy-can-boost-year-round-farming-cut-farmers-post-harvest-losses-agric-sector-skills-council-boss/feed/ 0 511888 Nigeria installs 73 MW of solar in 2024, contributes to Africa’s renewable energy surge https://nairametrics.com/2025/03/14/nigeria-installs-73-mw-of-solar-in-2024-contributes-to-africas-renewable-energy-surge/ https://nairametrics.com/2025/03/14/nigeria-installs-73-mw-of-solar-in-2024-contributes-to-africas-renewable-energy-surge/#respond Fri, 14 Mar 2025 07:51:50 +0000 https://nairametrics.com/?p=511027 Nigeria installed about 73 megawatts of solar power in 2024, marking steady progress in its adoption of renewable energy and contributing to a surge in renewable energy in Africa. This is contained in a report published on Wednesday by the Global Solar Council (GSC) The report noted a trend of solar energy expansion across West […]

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]]> https://nairametrics.com/2025/03/14/nigeria-installs-73-mw-of-solar-in-2024-contributes-to-africas-renewable-energy-surge/feed/ 0 511027 Nigeria, UN set $500 million fund target to aid local developers of solar energy  https://nairametrics.com/2025/03/03/nigeria-un-set-500-million-fund-target-to-aid-local-developers-of-solar-energy/ https://nairametrics.com/2025/03/03/nigeria-un-set-500-million-fund-target-to-aid-local-developers-of-solar-energy/#respond Mon, 03 Mar 2025 14:49:45 +0000 https://nairametrics.com/?p=510212 Nigeria and a United Nations agency have set a $500 million target for a fund that would be accessed by local developers of renewable energy. 

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]]> https://nairametrics.com/2025/03/03/nigeria-un-set-500-million-fund-target-to-aid-local-developers-of-solar-energy/feed/ 0 510212 AfDB partners with Germany to expand energy access, private sector growth in Africa    https://nairametrics.com/2025/02/26/afdb-partners-with-germany-to-expand-energy-access-private-sector-growth-in-africa/ https://nairametrics.com/2025/02/26/afdb-partners-with-germany-to-expand-energy-access-private-sector-growth-in-africa/#respond Wed, 26 Feb 2025 09:07:26 +0000 https://nairametrics.com/?p=509853 The African Development Bank Group (AfDB) has announced a series of joint initiatives with Germany aimed at accelerating energy access and fostering private sector growth across Africa. The partnership, unveiled during a high-level meeting in Abidjan, Côte d’ Voire last week, includes increased support for the Mission 300 initiative, which seeks to provide electricity to […]

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]]> https://nairametrics.com/2025/02/26/afdb-partners-with-germany-to-expand-energy-access-private-sector-growth-in-africa/feed/ 0 509853 AfDB, PowerGen partner with Global Investors to scale renewable energy across Africa  https://nairametrics.com/2025/01/19/afdb-powergen-partner-with-global-investors-to-scale-renewable-energy-across-africa/ https://nairametrics.com/2025/01/19/afdb-powergen-partner-with-global-investors-to-scale-renewable-energy-across-africa/#respond Sun, 19 Jan 2025 13:54:29 +0000 https://nairametrics.com/?p=506862 The African Development Bank (AfBD) and PowerGen Renewable Energy (PowerGen) have announced a strategic partnership with leading international investors to create a scalable, distributed renewable energy platform targeting the deployment of 120 MW of renewable power, including advanced battery energy storage solutions, across Africa. The initiative is a collaboration between PowerGen and key partners: the […]

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]]> https://nairametrics.com/2025/01/19/afdb-powergen-partner-with-global-investors-to-scale-renewable-energy-across-africa/feed/ 0 506862 FMBN secures N100 billion offtaker guarantee for Karsana Renewed Hope City project in Abuja  https://nairametrics.com/2024/11/18/fmbn-secures-n100-billion-offtaker-guarantee-for-karsana-renewed-hope-city-project-in-abuja/ https://nairametrics.com/2024/11/18/fmbn-secures-n100-billion-offtaker-guarantee-for-karsana-renewed-hope-city-project-in-abuja/#respond Mon, 18 Nov 2024 21:00:15 +0000 https://nairametrics.com/?p=502663 The Federal Mortgage Bank of Nigeria (FMBN) has secured a N100 billion Offtaker Guarantee to support the development of the Karsana Renewed Hope City in Abuja.  

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]]> https://nairametrics.com/2024/11/18/fmbn-secures-n100-billion-offtaker-guarantee-for-karsana-renewed-hope-city-project-in-abuja/feed/ 0 502663 World Investment Report: Global foreign direct investment decrease to $1.3 trillion in 2023, Africa’s share just $53 billion https://nairametrics.com/2024/07/05/global-foreign-direct-investment-decrease-to-1-3-trillion-in-2023-africas-share-just-53-billion/ https://nairametrics.com/2024/07/05/global-foreign-direct-investment-decrease-to-1-3-trillion-in-2023-africas-share-just-53-billion/#respond Fri, 05 Jul 2024 13:39:46 +0000 https://nairametrics.com/?p=492581 Africa's FDI inflows dropped by 3% to $53 billion, while Nigeria and other African countries experienced a varied landscape of investment activities.

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]]> https://nairametrics.com/2024/07/05/global-foreign-direct-investment-decrease-to-1-3-trillion-in-2023-africas-share-just-53-billion/feed/ 0 492581 Crafting a better energy policy: The need for a convergent approach to renewable energy in Nigeria https://nairametrics.com/2024/06/16/crafting-a-better-energy-policy-the-need-for-a-convergent-approach-to-renewable-energy-in-nigeria/ https://nairametrics.com/2024/06/16/crafting-a-better-energy-policy-the-need-for-a-convergent-approach-to-renewable-energy-in-nigeria/#respond Sun, 16 Jun 2024 09:32:34 +0000 https://nairametrics.com/?p=491339 Renewable energy technologies are becoming increasingly cost-effective, making them a more attractive option for reducing energy costs.

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]]> https://nairametrics.com/2024/06/16/crafting-a-better-energy-policy-the-need-for-a-convergent-approach-to-renewable-energy-in-nigeria/feed/ 0 491339 Terra Aqua secures $10m “climate finance” from TLG capital, Wema Bank for aluminum recycling plant in Ogun state https://nairametrics.com/2024/06/13/terra-aqua-secures-10m-climate-finance-from-tlg-capital-wema-bank-for-aluminum-recycling-plant-in-ogun-state/ https://nairametrics.com/2024/06/13/terra-aqua-secures-10m-climate-finance-from-tlg-capital-wema-bank-for-aluminum-recycling-plant-in-ogun-state/#respond Thu, 13 Jun 2024 15:25:08 +0000 https://nairametrics.com/?p=491194 TLG Capital, a leading alternative investment firm, has announced a US$ 10 million structured private credit facility designated for climate financing for one of Nigeria’s largest aluminum recyclers.

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]]> https://nairametrics.com/2024/06/13/terra-aqua-secures-10m-climate-finance-from-tlg-capital-wema-bank-for-aluminum-recycling-plant-in-ogun-state/feed/ 0 491194 Ajaokuta Steel to supply 400,000mt of iron rods for road construction across Nigeria — Minister https://nairametrics.com/2024/05/23/ajaokuta-steel-to-supply-400000mt-of-iron-rods-for-road-construction-across-nigeria-minister/ https://nairametrics.com/2024/05/23/ajaokuta-steel-to-supply-400000mt-of-iron-rods-for-road-construction-across-nigeria-minister/#respond Thu, 23 May 2024 14:48:32 +0000 https://nairametrics.com/?p=489757 The Minister of Steel Development, Shuaibu Abubakar Audu, stated that the light section mill of Ajaokuta Steel will supply around 400,000 metric tonnes of iron rods to the Ministry of Works for road construction across Nigeria upon completion.

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]]> https://nairametrics.com/2024/05/23/ajaokuta-steel-to-supply-400000mt-of-iron-rods-for-road-construction-across-nigeria-minister/feed/ 0 489757 Ogun State links Abeokuta train station road disrepair to federal approval delays https://nairametrics.com/2024/05/14/ogun-state-links-abeokuta-train-station-road-disrepair-to-federal-approval-delays/ https://nairametrics.com/2024/05/14/ogun-state-links-abeokuta-train-station-road-disrepair-to-federal-approval-delays/#respond Tue, 14 May 2024 15:45:05 +0000 https://nairametrics.com/?p=488897 The Ogun State Government has attributed the dilapidated condition of the road leading to the Abeokuta train station to delays by the Federal Government in granting authorization for its reconstruction.

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]]> https://nairametrics.com/2024/05/14/ogun-state-links-abeokuta-train-station-road-disrepair-to-federal-approval-delays/feed/ 0 488897 Raedial Farms Limited chosen to represent Nigeria at Paris International Agricultural show as Nigeria makes debut appearance https://nairametrics.com/2024/02/23/raedial-farms-limited-chosen-to-represent-nigeria-at-paris-international-agricultural-show-as-nigeria-makes-debut-appearance/ https://nairametrics.com/2024/02/23/raedial-farms-limited-chosen-to-represent-nigeria-at-paris-international-agricultural-show-as-nigeria-makes-debut-appearance/#respond Fri, 23 Feb 2024 09:46:45 +0000 https://nairametrics.com/?p=480667 Raedial Farms Limited, a leading agricultural company based in Nigeria with specialities in the production and distribution of high-quality agricultural products, is proud to announce its participation in the prestigious Salon International de l'Agriculture (SIA) in Paris, France.

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]]> https://nairametrics.com/2024/02/23/raedial-farms-limited-chosen-to-represent-nigeria-at-paris-international-agricultural-show-as-nigeria-makes-debut-appearance/feed/ 0 480667 Chapel-Hill Denham closes $7.4 million securitised financing for off-grid solar projects in Nigeria  https://nairametrics.com/2024/02/21/chapel-hill-denham-closes-7-4-million-securitised-financing-for-off-grid-solar-projects-in-nigeria/ https://nairametrics.com/2024/02/21/chapel-hill-denham-closes-7-4-million-securitised-financing-for-off-grid-solar-projects-in-nigeria/#respond Wed, 21 Feb 2024 16:02:56 +0000 https://nairametrics.com/?p=480492 Chapel Hill Denham has successfully concluded a $7.4 million (N10 billion) securitized financing deal for off-grid solar projects across Nigeria with d.light, a leading supplier of household products and affordable financing solutions for low-income families. 

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]]> https://nairametrics.com/2024/02/21/chapel-hill-denham-closes-7-4-million-securitised-financing-for-off-grid-solar-projects-in-nigeria/feed/ 0 480492 COP28: Africa received 2% of $3 trillion renewable energy investments in 2 decades – AfDB  https://nairametrics.com/2023/12/08/cop28-africa-received-2-of-3-trillion-renewable-energy-investments-in-2-decades-afdb/ https://nairametrics.com/2023/12/08/cop28-africa-received-2-of-3-trillion-renewable-energy-investments-in-2-decades-afdb/#respond Fri, 08 Dec 2023 07:27:01 +0000 https://nairametrics.com/?p=474136 Africa received just $60 billion or 2% of the $3 trillion of global investments in renewable energy in the past two decades, a trend that will now impact negatively on its ability to export competitively into Europe.

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]]> https://nairametrics.com/2023/12/08/cop28-africa-received-2-of-3-trillion-renewable-energy-investments-in-2-decades-afdb/feed/ 0 474136 AfDB lines up $1 billion to upgrade Kainji power plant and others across Africa  https://nairametrics.com/2023/12/06/afdb-lines-up-1-billion-to-upgrade-kainji-power-plant-and-others-across-africa/ https://nairametrics.com/2023/12/06/afdb-lines-up-1-billion-to-upgrade-kainji-power-plant-and-others-across-africa/#respond Wed, 06 Dec 2023 05:33:38 +0000 https://nairametrics.com/?p=473902 The African Development Bank (AfDB) is drawing up around $1 billion to upgrade the 760-megawatt (MW) Kainji plant and around 11 others across different countries across Africa. 

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]]> https://nairametrics.com/2023/12/06/afdb-lines-up-1-billion-to-upgrade-kainji-power-plant-and-others-across-africa/feed/ 0 473902 UAE announces $4.5 billion fund for renewable energy projects in Africa https://nairametrics.com/2023/12/03/uae-announces-4-5-billion-fund-for-renewable-energy-projects-in-africa/ https://nairametrics.com/2023/12/03/uae-announces-4-5-billion-fund-for-renewable-energy-projects-in-africa/#respond Sun, 03 Dec 2023 10:40:40 +0000 https://nairametrics.com/?p=473586 The United Arab Emirates has announced a $4.5 billion fund to support renewable energy projects across Africa.

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]]> https://nairametrics.com/2023/12/03/uae-announces-4-5-billion-fund-for-renewable-energy-projects-in-africa/feed/ 0 473586 Member countries are investing in these 4 technologies to reduce emissions – OPEC https://nairametrics.com/2023/11/27/member-countries-are-investing-in-these-4-technologies-to-reduce-emissions-opec/ https://nairametrics.com/2023/11/27/member-countries-are-investing-in-these-4-technologies-to-reduce-emissions-opec/#comments Mon, 27 Nov 2023 14:26:25 +0000 https://nairametrics.com/?p=473061 OPEC says that its member countries are investing in 4 technologies to reduce emissions.OPEC) says that its member countries are investing in 4 technologies to reduce emissions.

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]]> https://nairametrics.com/2023/11/27/member-countries-are-investing-in-these-4-technologies-to-reduce-emissions-opec/feed/ 1 473061 REA launches center to monitor mini-grids in Nigeria   https://nairametrics.com/2023/11/23/rea-launches-centre-to-monitor-mini-grids-in-nigeria/ https://nairametrics.com/2023/11/23/rea-launches-centre-to-monitor-mini-grids-in-nigeria/#respond Thu, 23 Nov 2023 16:47:40 +0000 https://nairametrics.com/?p=472717 The federal government has introduced a new Energy Management System (EMS) to keep an eye on smaller electricity systems called mini-grids all over the country.

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]]> https://nairametrics.com/2023/11/23/rea-launches-centre-to-monitor-mini-grids-in-nigeria/feed/ 0 472717