News

Mnangagwa Look to IPPs to Alleviate Zimbabwe’s Power Shortages

President Emmerson Mnangagwa has expressed optimism about the role of Independent Power Producers (IPPs) and new…

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…

SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation

SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…

Heat Wave Sparks Surge in Western US Electricity Prices

An intense heat wave in the western United States is driving a sharp rise in wholesale…

ARENA Invests $9 Million to Propel Sustainable Aviation Fuel Production in Australia

The Australian Renewable Energy Agency (ARENA) announced a $9 million funding package for Jet Zero Australia…

ICJ Weighs Gabon and Equatorial Guinea Territorial Dispute Amid Energy Stake

Gabon and Equatorial Guinea escalated their territorial dispute to the International Court of Justice (ICJ). The…

Venture Global Faces LNG Contract Dispute Amid Delays and Spot Market Sales

Major clients, including Shell and BP, accused Venture Global, a U.S.-based LNG producer, of delaying deliveries…

Top 5 Nigerian States with Reliable Electricity Supply

Electricity supply in Nigeria has long been a challenge, with frequent power outages affecting many states.…

Britain’s Last Coal-Fired Power Plant is Winding Down

Britain’s final coal-fired power plant, Ratcliffe-on-Soar, will close on Monday, October 7th, 2024, ending 142 years…

Minister of Power Reports Progress in Nigeria’s Electricity Supply

Minister of Power Adebayo Adelabu announced that over 40% of Nigerians now enjoy more than 20…