Startups eye new funding sources amid foreign investment decline
As startup funding into the African ecosystem worsens in 2023, TEMITAYO JAIYEOLA writes about how this may present an opportunity for new funds to flow into the space The African startup space has been grappling with a funding drought that has resulted in a 37 per cent year-on-year funding decline to $4.1bn as of June […]
Niger Imbroglio: PDP Chieftain, Eddy Olafeso, Urges Tinubu To Employ Diplomatic Solution
AKURE – President Bola Ahmed Tinubu has been urged to ensure a diplomatic solution is employed in resolving the ongoing military Imbroglio in the neighbouring Niger Republic. Chief Eddy Olafeso, a former National Vice Chairman of Peoples Democratic Party (PDP) South-West, handed down the advice on Sunday in Akure, the Ondo State capital while addressing […]
Green Energy earmarks $100m to support distributors
Green Energy United (GEU) has launched a bold campaign to reward its distributors with about $100m for productivity. The post Green Energy earmarks $100m to support distributors appeared first on The Guardian Nigeria News – Nigeria and World News.
Iranian envoy parleys Reps, pledges support for energy sector
From Ndubuisi Orji, Abuja Iranian Ambassador to Nigeria and Equatorial Guinea, Muhammad Alibak, has pledged the country’s support to Nigeria’s quest to address challenges in the energy sector. Alibak, who stated this, at a parley with the chairman, House of Representatives Committee on Petroleum (Downstream), Ikenga Ugochinyere, said the support will be through collaborative […]
Cushioning prepaid metering tariff with energy-efficient appliances
With the high electricity tariff alongside subsidy removal, it becomes tougher to run the home; this is why these desperate times call for desperate measures, such that compel you to pay optimum attention to overall household consumption including electricity appliances especially those that consume more power. Energy-efficient appliances are your best bet as they are not […]
Upset, shock over ministerial portfolios
From Fred Itua, Abuja A few days after President Bola Ahmed Tinubu assigned portfolios to ministerial nominees who were recently confirmed by the Senate, political pundits and other critical stakeholders are yet to come to terms with the unexpected turn of events. According to the list released by the Presidency, former governor of Ebonyi State, […]
New York State increases clean energy storage research incentives
Four demonstration projects receive funding to test and scale different long-duration energy storage technology proposals. Climate and renewable energy advocates suggest the New York State Build Public Renewables Act can help ensure New York achieves economy-wide carbon neutrality by the middle of this century. That scheme includes the construction of a green transmission grid, which […]
Iranian envoy meets Ugochinyere to explore mutual benefits in energy sector partnership
The government of the lslamic Republic of Iran has once again asserted its eagerness to support the Nigerian government in addressing its energy challenges through collaborative investment and cooperation, primarily, in the development of the oil and gas sector’s downstream division, including refineries and related infrastructure. This commitment was underscored in Abuja by the Iranian […]
Clean energy jobs seeing growth across the U.S.
Jobs in clean energy outpaced the overall workforce, adding nearly 4% from 2021 to 2022. That number is expected to rise as projects come to fruition as a result of passage of important clean energy legislation. Recent legislation has launched a clean energy revolution in the United States, beginning in 2021 with the passage of […]
Duke Energy files updated Carbon Plan in North Carolina
Duke Energy unveils an ambitious updated Carbon Plan in North Carolina, significantly ramping up solar, wind and energy storage capacities. Building on 2022’s foundation, the Carbon Plan Integrated Resource Plan (CPIRP) outlines a roadmap for sustainable growth and aims to deploy 6,000 MW of solar by 2031. The post Duke Energy files updated Carbon Plan […]