Honda Increases Electrification Investment to $65 Billion

Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…

Electricity, Gas, Others Contributed 5.64% to Nigeria’s April 2024 Inflation Rate

The latest Consumer Price Index (CPI) and inflation report released by the National Bureau of Statistics…

Electric Vehicle Sales Decline in the United States

In the first quarter of 2024, electric vehicle (EV) sales including hybrid vehicles, plug-in hybrid electric…

Ivory Coast Faces Year-Long Electricity Crunch

Ivory Coast is experiencing a severe electricity crisis after unplanned outages at key power plants cut…

Standard Chartered Seeks Collaboration for Clean Energy Initiatives

Standard Chartered Bank Nigeria Limited has called for more vital collaboration in clean and renewable energy…

Tesla Faces Lawsuit Over Emissions

The Environmental Democracy Project said it has filed a “citizen” lawsuit under the Clean Air Act…

Nigerians Spark Solar Surge Amid Soaring Electricity Costs

A sharp increase in electricity costs has left many Nigerians struggling to afford power. Since April,…

Oil Unions Blast New Charges on Helicopter Operators

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas…

Egyptian-built Hydropower Plant Energizes Tanzania

Assem El Gazzar, Egypt’s Minister of Housing, Utilities, and Urban Communities, said the Julius Nyerere Hydropower…

One Megawatt of Electricity Generation Capacity Costs Between $500K and $1.5 Million – Dafe Akpeneye, NERC Commissioner

Dafe Akpeneye, the Commissioner overseeing Legal, Licensing, and Compliance at the Nigerian Electricity Regulatory Commission (NERC),…