Lucid Receives $1.5 Billion Lifeline Before Electric SUV Rollout

Lucid Group Inc. will receive as much as $1.5 billion from an affiliate of Saudi Arabia’s…

United States Energy Department Announces $2.2 Billion Investment to Strengthen National Grid

To fortify the nation’s electrical infrastructure and bolster renewable energy capabilities, the US Department of Energy…

NANS Rejects Proposed N80,000 Electricity Tariff for Students

The National Association of Nigerian Students (NANS) opposes the Committee of Vice-Chancellors of Nigerian Universities’ (CVCNU)…

Kaduna Electric Cuts Power to State Govt Over N2.9 Billion Debt

Due to unpaid bills, Kaduna Electric Company (KAEDCO) has disconnected power to the Kaduna State Government…

FRV Secures AUD 1.2 Billion for Australian Solar Projects

Global renewables developer Fotowatio Renewable Ventures (FRV) has closed an AUD 1.2 billion (USD 784 million/EUR…

Nigerian Government Takes Action on $14.2 Million Electricity Debt

The Nigerian Electricity Regulatory Commission (NERC) has disclosed that Niger, Benin Republic, and Togo owe Nigeria…

South Africa Enacts Climate Change Bill for a Greener Future

President Cyril Ramaphosa has signed the Climate Change Bill into law, marking a significant step in…

MCWAP-2A Accelerates with R4.5 Billion Loan In South Africa

The second phase of the Mokolo Crocodile Water Augmentation Project (MCWAP-2A), which began in June 2019,…

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Masdar has stated that it has agreed with Endesa SA to become a partner for 2.5…

Masdar Raises $1Billion with Green Bond

Masdar said its second green bond issuance on the London Stock Exchange had raised $1 billion,…