Singapore-based fund manager Clime Capital will invest up to $10 million in Upgrade Energy Philippines (UGEP).…
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63 Transmission Towers Destroyed by Vandals in Nigeria
According to recent data from the Federal Ministry of Power, between January and August 2024, vandals…
Biden Unveils $7.3 Billion for Rural Clean Energy
On September 5, the Biden administration unveiled a major initiative to invest $7.3 billion from the…
Gas Shortage Hits Aba Power Plant
Geometric Power, Nigeria’s leading integrated electricity company, struggles with a severe gas shortage that affects its…
South Africa Seeks India’s Energy Insights
Deputy President Paul Mashatile emphasised South Africa’s interest in learning from India’s rural electrification and renewable…
Nigerian Government to Invest $800m in Power Sector Upgrades
The federal government has announced a substantial $800 million investment through the Presidential Power Initiative to…
REA’s DES Project to Electrify 17.5 Million Nigerians
The Rural Electrification Agency (REA) announced that its Distributed Energy System (DES) project will bring electricity…
GE Vernova: Wind Turbine Failures Unrelated, Blames Strong Winds
GE Vernova confirmed that recent turbine blade failures at offshore wind farms in the US and…
NDB Invests $2.3 Billion in Renewable Energy Projects
The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…
New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects
The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…