EnerVenue launches Energy Rack storage system configuration
Metal-hydrogen battery maker EnerVenue has launched the EnerVenue Energy Rack. Each rack consists of fully integrated Energy Storage Vessels (ESVs) in 150- and 102-kWh configurations. Energy Racks can be flexibly combined as storage requirements evolve. “Stationary energy storage customers want easily scalable battery architecture, straightforward installation, and a high-density solution that takes up a minimal footprint,” said Randall… […]
Kaduna Electric nabs suspected energy thief
Kaduna Electric said it conducted a night raid on November 24, leading to the arrest of a suspected energy thief, Opafola Abiodun. Kaduna Electric disclosed this in a statement signed by the Head of Corporate communications of the company, Abdulaziz Abdullahi, on Thursday. It alleged that Abiodun had been tapping electricity from the 11KV Leventis […]
Fluence Energy achieves profitability, posts 85% revenue growth
The energy storage provider beat fiscal year guidance for both revenue and adjusted gross profit. Fluence Energy, a global energy storage product and service provider, announced the financial results for the fiscal year 2023, ended Sep. 30, 2023. The company posted FY 2023 revenues of $2.2 billion and $673 million for the fourth quarter. This […]
How strategic partnership can scale clean energy infrastructure in Nigeria
Tribune Online How strategic partnership can scale clean energy infrastructure in Nigeria Rocky Mountain Institute (RMI) and Infrastructure Corporation of Nigeria (InfraCorp) recently announced a partnership through a Memorandum of Understanding (MoU) to support the implementation of Nigeria’s clean energy infrastructure strategy. The partnership, which was signed on the sidelines of the 29th Nigeria […]
Solar Spotlight: Scaling energy storage while facing a climate crisis
As the effects of a changing climate increase in both frequency and severity, the need for technologies that can decarbonize and support electrical infrastructure is paramount. In this episode of Solar Spotlight, Zolaikha Strong, senior director of policy and regulatory affairs at Generac Power Systems, discusses the significance of energy storage in the contexts of… […]
Resident confirmed dead as rival groups clash in Kano
The Police in Kano State, on Wednesday, said one person died when two rival groups clashed at Kurnan Asabe, Fagge Local Government Area of the state. The Police Commissioner, Mr Hussein Gumel, confirmed the incident to NAN on Wednesday in Kano. Gumel said the command deployed its operatives to the scene soon after it received […]
Aiyedatiwa agreed to sign undated resignation letter as part of resolution – Ondo Speaker, Oladiji
Speaker of the Ondo State House of Assembly, Olamide Oladiji, has confirmed that part of the resolutions reached after the recent meeting with President Bola Tinubu over the political crisis that rocked the state a few weeks ago was the signing of an undated resignation letter by the deputy governor, Lucky Aiyedatiwa. It was gathered […]
Seplat Energy Wins SISA’s CSR Award For Education Empowerment
ABUJA – Seplat Energy Plc, one of the leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has won the Social Impact & Sustainability Awards (SISA)’s CSR Award for Education Empowerment organized by CSR Reporters. CSR Reporters is Africa’s premier all-Corporate Social Responsibility (CSR) and Sustainability publication; […]
Tech experts proffer solutions to financing challenges among startups
Founder, Science, Technology, Engineering and Mathematics (STEM), David Ogunshola, among other tech innovators, have urged tech start-up founders to prioritise problems and solutions while emphasising the importance of starting with simplicity. The post Tech experts proffer solutions to financing challenges among startups appeared first on The Guardian Nigeria News – Nigeria and World News.
FirstBank UK integrates Bloomberg solution to trading platform
FirstBank UK, the United Kingdom subsidiary of First Bank Nigeria Limited, has been onboarded on Bloomberg’s Trade Order Management System to enhance its Fixed Income workflow. In a statement issued on Tuesday by Bloomberg, with this integration, FirstBank UK will have access to a comprehensive suite of data and analytics, communications, as well as order […]