World Bank Loans Ethiopia $1.72 Billion

The World Bank and Ethiopia have signed loan agreements totalling $1.72 billion to enhance electricity and…

Dangote Refinery Supplies Diesel, Aviation Fuel

Dangote oil refinery began supplying the Nigerian domestic market with petroleum products such as diesel and…

Edo, Delta, Ondo and Ekiti State Governments to Assert Shareholder Rights in Benin DisCo (BEDC)

The state governments of Edo, Delta, Ondo, and Ekiti have formally communicated with the Nigerian Electricity…

GreenGo Acquires 120 MW BESS Project in Spain

GreenGo has announced the acquisition of a company owning a project for constructing a BESS (Battery Energy Storage System)…

Shell Relaxes Carbon Emissions Target

British energy giant Shell has relaxed its target of reducing the intensity of its overall carbon…

Arnergy Secures $3m Funding to Enhance Solar in Nigeria

Arnergy, a distributed renewable energy solutions provider, has secured $3 million additional funding to enhance solar…

Kenya to Grant IPPs Licences for New Electricity Market

Kenya’s Ministry of Energy has announced plans to grant Independent Power Producers (IPPs) licences as part…

Oil Prices Increase After OPEC+ Extends Output Cuts

Oil prices increased slightly on Monday, March 4, following the widely expected extension of voluntary output…

Eskom to Curb Loadshedding by Unbundling into Separate Firms by Mid-2024 –Report

In a bid to tackle the age-long power crisis in the country, South Africa’s power utility…

Green Arrow Capital to Develop New Wind-Solar Plant in Italy

Green Arrow Capital, SolarDuck and New Developments have signed an agreement to develop a floating hybrid…