EU Targets €1.5tn Annually for 2050 Net-Zero Emissions

The European Union (EU) targets 1.5 trillion euros ($1.6 trillion) annually for its 2050 net-zero emissions…

WEF: LONGi Partners with Shenzhen to Provide Solar Products to Africa

LONGi Green Energy Technology has partnered with Shenzhen Power Solution to provide tailor-made solar products, including…

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…

UAE’s ADNOC to Allocate $23bn for Decarbonisation

UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…

Petrobras Shifts Focus to Local Greenfield Projects

Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

Nigeria, Saudi Arabia to Develop Solid Minerals Sector

Nigeria and Saudi Arabia have resolved to strengthen collaboration between both countries to enhance the development…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

AfDB: Africa’s Hydropower Plant Set for Upgrades

Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…

COP28: Scatec Signs Solar Project Pact in Egypt

Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…