Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

European Commission to Impose 45% Tariffs on Chinese EVs

The European Commission has secured sufficient backing from EU member states to implement significant tariffs of…

US DOE Invests $1.5 Billion in Electric Grid Upgrades to Enhance Reliability

The US Department of Energy (DOE) announced a significant $1.5 billion investment on Thursday to enhance…

AEDC and Husk Power Launch Solar Mini-Grids in Nasarawa State

The Abuja Electricity Distribution Company (AEDC) has teamed up with Husk Power Systems, a clean energy…

NEDC Plans to Introduce Electric Vehicles in Northeast Nigeria

The North East Development Commission (NEDC) is to introduce electric vehicles in Northeast Nigeria in line…

Morocco to Invest MAD 88 Billion in ‘Green Electricity’ Production

Morocco is progressing in its energy strategy. According to Energy Transition and Sustainable Development Minister Leila…

Germany Amplifies Battery Storage to Power Renewable Future

Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…

Zambia to Offer Three Hours of Stable Electricity Supply Amid Ongoing Power Crisis

Zambia’s retail customers can expect three hours of stable electricity supply as the nation continues to…

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…