energy transition Nigeria
AfDB Approves $1.2m Grant to Boost National Grid Stability
To strengthen Nigeria’s power infrastructure and advance its clean energy goals, the African Development Bank (AfDB) has committed a $1.2 million grant to support a feasibility study on Battery Energy Storage Systems (BESS). The initiative is a major step toward stabilizing the national grid, integrating renewable energy, and future-proofing Nigeria’s power sector. The announcement was […]
€20m Renewable Energy Deal Sealed Between Nigeria and Germany
A move toward achieving Nigeria’s energy transition goals, the Federal Government on Wednesday signed a landmark €20 million agreement with the German government to bolster the development of renewable energy solutions across the country. The pact, facilitated through the KfW Development Bank and the Africa Enterprise Challenge Fund (AECF), aims to drive Nigeria’s climate-resilient economic […]