Info and Insights from Our Team

Check out our resource library of the latest news, trends, innovations, and industry insights in the ever-evolving world of energy.

NERC Fines 8 DisCos ₦628M Over Estimated Bills

NERC Fines 8 DisCos ₦628M Over Estimated Bills

The Nigerian Electricity Regulatory Commission (NERC) has sanctioned eight Distribution Companies (DisCos) for failing to comply with monthly energy caps for unmetered customers between July and September 2024.  In a statement released Thursday, the Commission fined the affected DisCos – Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola – six hundred and twenty-eight million, […]

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REAN Urges FG to Reconsider Ban on Importation of Solar Panels

REAN Urges FG to Reconsider Ban on Importation of Solar Panels

The Renewable Energy Association of Nigeria has urged the Federal Government to halts its plan to ban the importation of solar panels. The association, in a statement yesterday, through its President, Mr Ayo Ademilua said the “ban on solar imports, without first strengthening local production capabilities, risks derailing this progress.” Recently, the Minister of Science […]

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Nigeria’s Economy At Risk As Oil Prices Plunge To Four-Year Low

Nigeria’s Economy At Risk As Oil Prices Plunge To Four-Year Low

Nigeria faces a potential economic crisis due to the current tariff war between the United States and China which has led to a drop in the price of crude oil globally. Prices hit its lowest levels in four years after it fell for a fourth consecutive trading day on Tuesday. US President Donald Trump is […]

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Electric Vehicles Are Easier To Maintain And Cost-Effective – Ogunkunle

Electric Vehicles Are Easier To Maintain And Cost-Effective – Ogunkunle

Olanrewaju Ogunkunle, co-founder of Revocube Energies and Group Chief Executive Officer of Revocubelinks Group Limited revealed that electric vehicles are easier to maintain and more cost-effective than combustion engine vehicles. “I’ve been driving electric vehicles for months. I think between the first two or three months, I have done over 5,000 kilometres; it’s a different […]

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Nigeria To Ban Solar Panel Importation

Nigeria To Ban Solar Panel Importation

The Federal Government has revealed its plan to halt the importation of solar panels to promote local manufacturing and accelerate Nigeria’s shift toward clean energy solutions. The Minister of Science and Technology, Uche Nnaji made the disclosure during the unveiling of NEV T6 electric buses in Abuja. He stated that the decision aligns with Presidential […]

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FG Launches Charging Station For Electric Vehicles In Abuja

FG Launches Charging Station For Electric Vehicles In Abuja

The Federal Government has launched a charging station for Electric Vehicles (EVs) in the nation’s capital, Abuja. This was revealed in a statement by the Minister of Innovation, Science and Technology, Uche Nnaji, who called it “a bold step forward in Nigeria’s journey toward sustainable, clean energy solutions.” According to Nnaji, the project, a partnership […]

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Nigeria Signs 2,600MW Solar Deal with LONGi

With a view to embracing a sustainable energy future, Nigeria, through the Federal Ministry of Innovation, Science and Technology (FMIST) has signed a Solar Modular Master Supply Agreement for 2,600 Megawatts. The deal was a collaboration of the FMIST, Alternative Petroleum & Power Limited (APPL) and LONGi Solar France SARL, a subsidiary of the world […]

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Welcome to the world of EVs

Welcome to the world of EVs

Electric vehicles (EVs) are steadily emerging as a major trend in the transportation sector, offering efficient solutions for powering vehicles with renewable energy. They present numerous benefits, including lower operating and maintenance costs, and help mitigate the effects of ongoing fuel shortages. By relying on renewable energy, EVs reduce dependence on fossil fuels and are […]

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