Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

FG Spends N375.8bn on Electricity Subsidy in Q1 to Q3 2023

The Federal Government spent N375.8 billion on electricity subsidies in the first, second and third quarters…

EU Approves €140m for Green Hydrogen, Biomethane Production

In line with the Green Deal Industrial Plan, the European Commission has approved a €140 million…

Tanzania, Rwanda and Somalia Selected for World Bank’s Clean Energy Programme

Tanzania, Rwanda and Somalia are among four countries selected as pilots for a new World Bank…

NamPower Signs Contract with SDEE, Narada Power for BESS Project

Namibia Power Corporation (NamPower) has signed major Engineering, Procurement and Construction contracts with Shandong Electrical, Engineering &…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…

Changing DisCos’ Ownership Won’t Solve Nigeria’s Power Supply Issues –Stakeholders

Stakeholders in the power sector have said that changing the ownership of electricity Distribution Companies (Discos)…

TotalEnergies Commences 216MW Solar Plant in South Africa

TotalEnergies and its partners have started constructing a 216 megawatts (MW) solar power plant with 500 megawatt-hours…

Italy to Invest in Africa –Eni

Eni, Italy’s largest importer of natural gas and a state-controlled energy multinational has said that Italy…

World Bank Approves $750m for Renewable Energy Project in Nigeria

The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…