Nigeria’s energy market huge, attractive – Onuigbo urges investors
Sam Onuigbo, the Southeast representative on the governing board of the North East Development Commission (NEDC), has called on foreign and local investors to take advantage of the huge energy market in Nigeria. According to NAN, Onuigbo disclosed this recently after the 2023 Africa Climate Summit’s Parliamentarians Dialogue. He expressed worry that over 40 per […]
Eos Energy aims for 8 GWh of annual energy storage production capacity in the U.S. by 2026
The company’s zinc halide storage systems are specifically designed for long-duration energy storage, including utility-scale as well as microgrid applications. Eos Energy Enterprises, a long-duration zinc-powered energy storage system company based in Pennsylvania, has announced a new $500 million program called AMAZE (American Made Zinc Energy) in a bid to build 8 GWh of annual […]
Fintech start-ups shop for investors at ARM demo day
As the nation’s fintech sector continues to advance and record more wins, five start-ups have made a big impression on potential investors at a Demo Day organised by ARM Labs. The ARM Labs Innovation Programme, a flagship initiative of ARM Group, hosted the successful Demo Day for its 5th cohort in Lagos. At the event, […]
UNN celebrates Animalu, Nigeria’s first solar energy researcher
From Felix Ikem, Nsukka Prof Alexander Animalu, the University of Nigeria, Nsukka (UNN) Professor Emeritus of Physics and the first Solar Energy Researcher in Nigeria has been showered with commendations by academics in the country on his outstanding achievements. Speaking in Nsukka on Thursday during a colloquium organised by Animalu’s friends and former students in […]
Power Factors releases next-generation renewable asset management platform
Power Factors has introduced Unity, the next generation of its product suite. With Unity, renewable energy companies can manage the entire lifecycle of a diverse fleet of renewable energy assets from a single, unified platform. Unity delivers data and AI-powered insights at scale so renewables businesses can unlock their growth, make smarter decisions and stay… […]
Meteomatics expands work with energy companies in U.S.
Meteomatics recently established U.S. operations in Exton, Pennsylvania, is making its technology and data available to U.S.-based companies to help improve energy management, navigate stressors on the power grid, minimize risks, and optimize earnings. Meteomatics, a Swiss weather intelligence company that forecasts the weather’s impact on some of the world’s leading businesses, plans to expand […]
Greenbacker agrees to recycle its 1 GW of eventual decommissioned solar panels through SolarCycle
Independent power producer Greenbacker Renewable Energy has agreed to recycle decommissioned solar panels from its projects through SolarCycle. Today’s partnership provides Greenbacker’s fleet — which currently includes over 975 MW of operating solar projects — a committed recycling partner and offers SolarCycle a contracted volume of end-of-life panels that will help to scale its recycling… […]
Cambodia’s NE Solar to open a 2-GW solar panel factory in Phoenix
Cambodia-headquartered solar panel manufacturer New East Solar Energy will start a 2-GW solar panel factory in Phoenix, Arizona. This will bring NE Solar’s total manufacturing capacity to 6.7 GW, with the American factory joining its existing factories in Indonesia and Cambodia. NE Solar will target commercial and utility-scale customers with its U.S. manufacturing, with a… […]
Nigeria’s energy transition plan requires $10bn yearly investment – Tinubu
President Bola Tinubu says Nigeria’s energy transition plan will require an annual investment of $10 billion. Tinubu disclosed this in his remarks at the maiden Africa Climate Summit (ACS) held in Kenya. Dr Ishiak Salako, the Minister of State for Environment, delivered Tinubu’s remarks at the ACS two-day event, which ended on Wednesday. He explained […]
EnergySage report finds solar loan terms jumped from 2022 to 2023
On September 7, EnergySage released its 17th EnergySage Intel Solar & Storage Marketplace Report. This semiannual report analyzes millions of homeowner shopping transactions on EnergySage.com throughout a 12-month period for solar panels, inverters, batteries and more from solar companies in 41 states and Washington, DC. For nearly a decade, the Solar & Storage Marketplace Report… […]