Germany to Evenly Distribute €450 Billion Renewable Grid Costs

Germany’s network agency announced a new strategy on Friday, August 30, to distribute the financial burden…

Heirs Holdings Has Created 400,000 Energy Sector Jobs — Tony Elumelu

Heirs Holdings recently celebrated its 14th anniversary, underscoring its ongoing impact and commitment to driving positive…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

Nigeria, Germany to Sign Two Energy Deals in October 2024, Exceeding Over $500m

Nigeria and Germany are planning to sign two energy deals in October 2024, targeting over $500…

New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects

The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…

Michigan’s Clean Energy Law Challenges UP’s Natural Gas Plants

Michigan’s new climate legislation mandates that utilities shift to entirely “clean” electricity sources by 2040, presenting…

China Reaffirms Fossil Fuels Phase-Out, Hits Renewables Goal Early

The National Energy Administration (NEA) announced on August 29, in a white paper, that China will…

Saudi 7.8GWh Energy Storage Contract Worth Over $800m

Saudi Arabia recently awarded engineering, procurement, and construction (EPC) contracts for three energy storage systems are…

Meta Secures Geothermal Energy Deal from Sage for US Data Centres

Facebook owner Meta Platforms has signed a deal to buy geothermal power from Sage Geosystems to…

Standard Bank Invests $3 Billion in Africa’s Energy Sector

Standard Bank has announced it has mobilised over $3 billion this year to advance green and…