AFRIGREEN Debt Impact Fund and Empower New Energy announced a debt financing deal for 26 solar and battery storage plants across Nigeria. The initiative will provide over 8,000 MWh of clean electricity annually to Justrite Superstores, reducing operational costs and cutting around 4,000 tonnes of CO₂ emissions each year.

A first-of-its-kind solar PV and battery storage system at Justrite Superstores in Nigeria.

Billions in renewable energy investments in Africa can be unlocked through carbon credits, says Terje Osmundsen of Empower New Energy....

This investment is the largest to date for Empower New Energy, and it will support WATT’s efforts to expand its renewable energy portfolio..

At the opening of the Lagos-Norway Energy Exchange on Monday, the Nigerian supermarket chain sealed a $6.5 million solar deal with Empower..