Author: Chinenye REC
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Record-Breaking April: Wind and Solar Provide 22% of Global Electricity
In April 2026, wind and solar energy production surpassed that of gas for the first time globally, as reported in an analysis released on May 21 by the British energy think tank Ember. Collectively, these renewable sources contributed 22% to the world’s electricity output that month, while gas accounted for 20%. Wind and solar generated […]
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Global Energy Investment to Reach Record $3.4 Trillion in 2026, Says IEA
Global energy investment is projected to reach a record $3.4 trillion in 2026, with electricity infrastructure, renewable energy, energy storage and nuclear power accounting for the majority of spending as investment in fossil fuels continues to lose momentum, according to the International Energy Agency’s (IEA) latest World Energy Investment 2026 report. The Paris-based agency estimates […]
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Africa Records Strongest Renewable Energy Growth Yet Amid Global Clean Energy Boom
Global renewable energy capacity surged to a record 5,149 gigawatts (GW) in 2025, following the addition of 692GW of new capacity during the year, according to the latest Renewable Capacity Statistics 2026 report released by the International Renewable Energy Agency (IRENA). The report reveals that renewable energy accounted for 85.6 per cent of all new […]
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Nigeria’s renewable energy boom gains momentum as developers secure $83m IFC-backed funding
Nigeria’s off-grid electricity sector has received a significant boost following the securing of approximately $83 million in International Finance Corporation (IFC)-backed financing under the Distributed Access through Renewable Energy Scale-Up (DARES) programme. The financing agreements, signed on the sidelines of the 2026 World Bank Group and IMF Spring Meetings, are expected to accelerate the deployment […]
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NIMR Commissions N300m Solar Power Project to Strengthen Research Capacity
The Nigerian Institute of Medical Research (NIMR) has commissioned a 100KVA solar power system aimed at addressing longstanding electricity challenges and enhancing critical research and diagnostic operations at the institute. The solar facility, donated by the Excellence Community Education Welfare Scheme (ECEWS), is expected to provide reliable and uninterrupted power to key laboratories and research […]
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