UK Backs $239M AfDB Loans for Climate Finance Program

The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…

Senelec Signed €200m Contract to Construct 1350km Transmission Lines

The national electricity company of Senegal (Senelec) has signed a €200 million ($217,570,000) contract with a…

Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA

A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…

British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

Masdar, Hy24 Partner to Develop Green Hydrogen Projects

Masdar, an Abu Dhabi renewable energy company and Hy24, a clean hydrogen investor, have agreed to…

PENGASSAN Urges FG to Unbundle Electricity Grid

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…

COP28: Nigeria Signs MoU for 1GW Solar Plant

Nigeria has signed a memorandum of understanding to launch a 1GW Solar PV Manufacturing plant. This…

Indonesia’s President Inaugurates a 192MW Floating Solar Power Plant

Indonesia’s President, Joko Widodo, has inaugurated a 192-megawatt peak (MWp) floating solar power plant on a…

Gas Price Surge Impacts Power Generation Capacity –Adelabu

The Minister of Power, Adebayo Adelabu, said that the recent surge in the price of natural…