News

Cyprus Launches New Subsidy Scheme to Boost Energy Storage Investment

Cyprus has introduced its first-ever energy storage subsidy scheme for large-scale renewable energy plants, targeting a…

Nigeria’s National Grid Collapses, First Blackout of 2025

Nigeria’s national electricity grid collapsed for the first time in 2025 on Wednesday, February 12, leaving…

President Macron Backs Nuclear Energy at AI Summit

French President Emmanuel Macron reaffirmed his commitment to nuclear energy at the World Summit on Artificial…

EU and Germany Launch GET.invest Initiative to Accelerate Renewable Energy Financing in Nigeria

The European Union (EU) and Germany have launched the GET.invest Nigeria Country Window initiative in Lagos…

Uganda to Miss 2025 Target to Begin Oil Production

Uganda will not begin oil production this year, missing a long-standing target to begin extracting crude…

Potentia Energy Seizes 1 GW in Australia’s Renewables

Potentia Energy, co-owned by Enel Green Power and INPEX, has secured more than 1 gigawatt (GW)…

Trump Approves Sustainable Aviation Fuel Refinery Loan for Montana

President Donald Trump’s energy department said it approved the disbursement of a loan guarantee for the expansion of a…

IEA to Launch Global AI Energy Tracker as Demand Surges

The International Energy Agency (IEA) will launch a global observatory in April to track the energy…

Siemens Energy Reports Record $135 Billion Order Book

Siemens Energy reported a record 131-billion-euro ($135.5 billion) order book on February 12, as increased use…

AFREXIMBANK Pumps $52B into Nigeria for Key Projects

The African Export-Import Bank (AFREXIMBANK) has invested $52 billion in Nigeria, making it its most significant…