The Rural Electrification Agency (REA) has signed several Memoranda of Understanding (MoUs) with five private developers,…
Search Results for: energy markets
World Bank Targets $20 Billion in Annual Guarantees
The World Bank Group launched a new loan and investment guarantee platform on Monday, July 1,…
Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024
Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…
Imo State Now Has Control Over its Local Electricity Market
The Nigeria Electricity Regulatory Commission (NERC) has officially handed over electricity regulatory oversight to the Imo…
Experts Assess the Impact of the Electricity Act at Nextier’s 95th Power Dialogue
Experts at Nextier’s 95th Power Dialogue, hosted by the Electricity Hub, have evaluated the impact of…
2024 Oil & Gas Investment to Hit $570 Billion
Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…
Sweden’s Aira opens $321 million heat pump plant in Poland
Aira, a Swedish heat pump group, will open a 300 million euro ($320.9 million) heat pump…
BII Commits $15m to Tanzania’s Wind and Hydropower Projects
British International Investment (BII) has committed $15 million (EUR 13.9 million) to fund Rift Valley Energy’s…
China’s Solar Firms Face Crisis
On Friday, June 15, 2024, a solar expo in Shanghai masked severe issues plaguing China’s solar…
IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030
In its June 2024 report on clean energy investment for development in Africa, the International Energy…