News

EIB Approves $150m Financing for Solar Project in Egypt

The European Investment Bank (EIB), through its development arm EIB Global, has approved a $150 million…

Power Output Slumps as Plants Run Below Capacity

Nigeria’s electricity sector ended December 2025 with severe underperformance, as Nigeria’s power generation capacity remained vastly…

DAPPMAN Reaffirms Role as Nigeria’s Fuel Backbone

The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has reaffirmed its strategic role in…

Nigeria Seeks UAE Backing for Gas-to-Power Push

Nigeria is intensifying diplomatic and economic engagement with the United Arab Emirates to advance Nigeria’s gas-to-power…

Zelestra Reaches Financial Close for First Solar Projects in Italy

Zelestra has reached financial close for its first two solar power projects in Italy, marking a…

Masdar Reaches 65GW Renewables Portfolio in 2025

Masdar announced that its renewable energy portfolio reached 65 gigawatts (GW) in 2025, up from 51GW…

Nigeria Launches $2bn Climate Fund

Nigeria is increasingly turning to green finance as a key driver of its energy transition. President…

Malaysia to Lead Regional Renewable Energy With Floating Solar Project

Malaysia is poised to strengthen its position as a regional leader in renewable energy through the…

China Drives Energy Transition Amid Challenges

The United Nations’ annual Emissions Gap Report, released in November, highlighted modest progress in addressing global…

China Leads Global Energy Storage in 2025

China dominated the global energy storage market in 2025 and is expected to maintain its leadership…