Miguel Stilwell D’Andrade, CEO of Energias de Portugal (EDP), spoke at Davos, highlighting Europe’s struggle with…
Search Results for: energy struggles
China Urged to Boost Investment in Emerging Clean Energy Technologies
At the BloombergNEF Summit in Shanghai, executives emphasised the need for China to ramp up investment…
Nigeria’s Power Subsidy Set to Hit N2.4 Trillion Amid Sector Struggles
Nigeria’s power subsidy is projected to reach N2.4 trillion by 2024 as the sector struggles with…
Venezuela’s Energy Hub Shuts Down After Explosion
An explosion at Venezuela’s Muscar gas complex has severely damaged the country’s energy infrastructure. The blast…
Northvolt Offloads U.S. Plant to Lyten Amid Financial Struggles
Swedish battery maker Northvolt sold its California plant to U.S. start-up Lyten, focusing on lithium-sulfur battery…
Nigeria’s National Grid Struggles to Recover Fully
Nigeria’s national grid has once again collapsed, leaving millions without power and raising questions about when…
Abbas Demands Answers on $2B Energy Funds
Despite attracting billions of dollars in renewable energy investments since 2015, Nigeria still struggles to provide…
South Africa Seeks $2.6 Billion for Emission Cuts Amid Energy Crisis
South Africa pledged to cut emissions at its coal-fired power plants to secure $2.6 billion (R460…
South Africa’s Energy Transition Faces Challenges Amid Eskom’s Proposed Tariff Hikes
South Africa is lagging in its efforts to transition to a carbon-neutral energy system by 2050,…
Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles
Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…