German Institution DEG Funds Solar Micro-Grids Development in Nigeria Updated On Tue, Jan 10th, 2023 by Saurenergy Investment is picking up in Africa and the developed world seems to be making efforts to ensure that the continent is not bereft of access to green energy. The ace development finance institution of Germany, Deutsche Investitions- und Entwicklungsgesellschaft (DEG), is now funding the USA-based Husk Power Systems with $750,000 to build eight community solar […] Read more
200 MW Solar Project ‘Largest in West Africa’ to Come up in Nigeria Updated On Thu, Feb 18th, 2021 by Saurenergy B&S Power and Sunnyfred Global to design, develop, finance and construct West Africa’s largest solar PV project in Nigeria. B&S Power, a Singapore based renewable energy corporation, and Sunnyfred Global, a Nigerian investment entity, have concluded arrangements in collaboration with other stakeholders and Technical Partners, to Design, Develop, Finance and Construct West Africa’s largest solar […] Read more
Eos Energy Storage Expands Battery Deployments in Nigeria Updated On Tue, Oct 6th, 2020 by Saurenergy Eos Energy Storage LLC (“Eos”), a leading manufacturer of safe, low-cost and long-duration zinc battery storage systems, today announced an expansion of its partnership with Nayo Tropical Technology Ltd. (“Nayo”), a leading West African mini-grid engineering, procurement, and construction (“EPC”) company. Eos will deploy additional units of its signature Aurora EnergyBlock™ systems, rated at 125kW/500kWh, […] Read more
World Bank Approves $750 Mn Credit to Help the Power Sector in Nigeria Updated On Thu, Jun 25th, 2020 by Saurenergy World Bank has approved the PSRO of USD 750 million in IDA credit to improve the reliability of electric supply and enhance the overall power sector in Nigeria. The World Bank Board of Directors approved the Power Sector Recovery Operation (PSRO) of USD 750 million in International Development Association (IDA) credit to improve the reliability […] Read more
EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria Updated On Thu, Dec 26th, 2019 by Saurenergy EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […] Read more
Diageo Commits to a Renewable Future in Africa Updated On Tue, Aug 6th, 2019 by Saurenergy Diageo will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are carbon and water-efficient British multinational alcoholic beverages company, Diageo has announced that it will invest GBP 180 million in renewable energy resources across its sites in Africa to ensure that it breweries are the […] Read more
Niger PM Brigi Rafini Inaugurates its First Ever Solar Plant Updated On Tue, Nov 27th, 2018 by Saurenergy Developed with the support of Indian government, the 7 MW facility is located near Malbaza, a rural village in central Niger. In a proud moment, Niger’s prime minister Brigi Rafini and the minister of energy Amina Moumouni have inaugurated the nation’s first solar power plant. Developed with the support of Indian government, the 7 MW […] Read more
AfDB Okays $1.5 Mn Grant for Nigeria’s On-Grid IPP Solar Procurement Program Updated On Fri, May 11th, 2018 by Saurenergy This program will assist the Nigerian government to achieve its national goal of reaching 75 percent electricity access by 2020 and electrifying unserved and underserved areas. The African Development Bank (AfDB) board has approved the USD 1.5 million grant to support the Nigerian Government’s implementation of phase 1 of the Jigawa 1-GW Independent Power Producer (IPP) solar […] Read more
Millions of Nigerian Homes to Receive Electricity from Solar Plant By Wärtsilä Updated On Fri, Nov 24th, 2017 by Saurenergy When operational, the plant will be the largest in Nigeria; and one of the largest on the African continent. The technology group Wärtsilä has received a letter of award for a 95,3MWp (75MWac) solar photovoltaic (PV) power plant in Nigeria. The award was received from Pan Africa Solar Ltd, a developer of solar PV power […] Read more
