Greece’s Electricity Connection to Europe May Generate €17.5bn – Report

A recent study by KPMG has shown that Greece could generate billions of euros for its…

Abu Dhabi Commercial Bank, Schneider Collaborate to Finance Green Projects in Egypt

Abu Dhabi Commercial Bank Egypt and Schneider Electric, an energy management and automation firm, have partnered…

Despite Electricity, Forex Challenges, Africa Records 40% of Investments in Greenfield MegaProjects in 2022 – AfDB

In its January 2024 report on Africa’s economic performance and macroeconomic outlook, released February 16, 2024,…

Nigeria Has a N1.6 Trillion Shortfall in Wholesale Tariffs – Adebayo Adelabu

Adebayo Adelabu says Nigeria has a significant N1.6 trillion shortfall in wholesale tariffs.

EU to Invest €37m to Boost Electrification in Nigeria

The European Union has disclosed plans to invest €37 million to boost hydropower, solar power for health…

World Bank Funds Renewable Energy Drive in Africa with $300 million

The World Bank has allocated $300 million to bolster renewable energy drive access in Eastern and…

Australia to Join Global Clean Energy Subsidy Race – AFR Reports

The Australian Financial Review reported that Australia plans to unveil a range of financial incentives to…

Global LNG Demand to Rise Above 50% by 2040 – Shell

Shell, a British energy group, forecasted that world demand for liquefied natural gas (LNG) would jump…

Nigeria to Clear $2.16b Debt, Fix Gas Shortages— Power Minister

Nigeria’s power minister, Adebayo Adelabu, has said that Nigeria plans to fix its chronic power woes…

Professio Energia Unveils 130-MW Wind Farm Plan in Croatia

To bolster Croatia’s renewable energy sector, Professio Energia plans to establish a 130-MW wind farm in…