Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
Search Results for: energy sector
PENGASSAN Urges FG to Unbundle Electricity Grid
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…
Adelabu Advocates for Gas Pricing in Naira
The minister of power, Adebayo Adelabu, advocates for gas pricing in naira to manage inflation in…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Nigeria Signs MoU for 1GW Solar Plant
Nigeria has signed a memorandum of understanding to launch a 1GW Solar PV Manufacturing plant. This…
Electricity Act May Push Climate, Renewable Agenda –Experts
Industry leaders, executives, and stakeholders in the power sector have said that the Electricity Act 2023…
AfDB Commits €101m to Electricity in Kenya
The Board of Directors of the African Development Bank (AfDB) Group have approved a €101.10 million loan…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
AfDB Approves $131m Loan for Egypt’s Green Economy
The African Development Bank (AfDB) has approved a $131 million loan to Egypt to bolster its…
Spain’s Endesa Cuts Profit, Dividend Outlook After LNG Ruling
Spanish power utility Endesa cut its profit and dividend outlook today as it pledged to invest…