ACWA Power Secures $2.58bn for 5,500MW Solar Expansion in Saudi

ACWA Power secured SR9.7 billion ($2.58 billion) in financing to develop three large-scale solar projects in…

REA’s DES Project to Electrify 17.5 Million Nigerians

The Rural Electrification Agency (REA) announced that its Distributed Energy System (DES) project will bring electricity…

Nigeria’s Oil and Gas Sector is Poised for a $10 billion Investment Surge

Nigeria, aiming to attract $10 billion in oil and gas investments over the next 12-18 months,…

Deendayal Port Exceeds RPO with Wind Power

The Deendayal Port Authority (DPA) has released its FY 2020-21 energy usage report. During this period,…

GE Vernova: Wind Turbine Failures Unrelated, Blames Strong Winds

GE Vernova confirmed that recent turbine blade failures at offshore wind farms in the US and…

Germany to Evenly Distribute €450 Billion Renewable Grid Costs

Germany’s network agency announced a new strategy on Friday, August 30, to distribute the financial burden…

Switzerland to Lift Ban on New Nuclear Power Plants

The Swiss government has unveiled plans to lift its ban on constructing new nuclear power plants,…

Heirs Holdings Has Created 400,000 Energy Sector Jobs — Tony Elumelu

Heirs Holdings recently celebrated its 14th anniversary, underscoring its ongoing impact and commitment to driving positive…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

Nigeria, Germany to Sign Two Energy Deals in October 2024, Exceeding Over $500m

Nigeria and Germany are planning to sign two energy deals in October 2024, targeting over $500…