Experts suggest that the European Union’s newly enacted Carbon Border Adjustment Mechanism (CBAM) will significantly influence…
Search Results for: energy sector
Nigeria Aims for 6,000MW National Power Generation Increase
According to Minister of Power Adebayo Adelabu, the Nigerian federal government aims to increase national power…
Germany Awards 243 MW Biomass Power Plant Projects
Germany’s Federal Network Agency awarded 243 MW for biomass power plant projects in its latest tender.…
BOEM Approves Sunrise Wind Project for NY Power
The US Department of the Interior’s Bureau of Ocean Energy Management (BOEM) approved the construction and…
What is the Cost of Setting Up Small Hydropower Projects in States?
The 2023 Electricity Act has enabled states to establish small hydropower plants to increase electricity generation.…
Nigeria Allocates ₦21 Billion for Free Prepaid Meters
The Federal Government has approved ₦21 billion for electricity Distribution Companies (DisCos) to supply free prepaid…
EU Approves €3 Billion for German Hydrogen Infrastructure
The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…
InfraCredit Secures $15 Million AfDB Loan
InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…
TotalEnergies and EnBW Secure $3.2B Offshore Wind Sites
TotalEnergies and EnBW secured a combined 2.5-gigawatt (GW) offshore wind auction in Germany’s North Sea for…
Angola to Implement Electricity Project by a Chinese company
The Angolan Ministry of Energy and Water, headed by João Baptista Borges, has promised to implement…