Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…
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SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation
SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…
Heat Wave Sparks Surge in Western US Electricity Prices
An intense heat wave in the western United States is driving a sharp rise in wholesale…
India Launches Tender for 6GW Renewable Energy with Storage
On September 28, 2024, state-operated hydroelectric power generation company SJVN announced that India is initiating a…
Masdar Accelerates European Renewable Energy Expansion
Masdar, a key renewable energy company, increases its footprint in Europe. Owned by ADNOC, Mubadala Investment…
Sierra Leone Secures $480 Million to Revolutionise Electricity Access
The Millennium Challenge Corporation (MCC) signed a $480 million agreement with the Sierra Leonean government. This…
All On, USAID to Invest $10m On Sustainable Energy Solutions
All On Partnerships for Energy Access (All On) and the United States African Development Foundation (USADF)…
Transmission Gaps Stall U.S. Renewable Energy Progress
US industry experts state that the US renewable energy sector struggles to expand due to inadequate…
Tunisia Secures €79M Deals for Solar Power Expansion
Tunisia signed agreements to build solar power plants in Sidi Bouzid and Tozeur. These projects form…
Egbema Power Station in Imo State Set for 2025 Completion
The Niger Delta Power Holding Company (NDPHC) has announced that the Egbema Power Station, which has…