Energy is a necessity for every thriving economy. In recent times, global governments have prioritised the…
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Britain’s Octopus Energy to Build First Wind Farm in Sierra Leone
Britain’s Octopus Energy said its generation arm has partnered with Sherbro Alliance Partners (SAP) to build…
Australia to Achieve Emissions Reduction Target
Due to new decarbonisation policies, Australian Energy Minister Chris Bowen said Australia is within “striking distance”…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…
Spain’s Endesa Cuts Profit, Dividend Outlook After LNG Ruling
Spanish power utility Endesa cut its profit and dividend outlook today as it pledged to invest…
Italy Allocates €502m for Energy Sector Innovations
The Italian energy ministry has approved a €502 million ($548.5m) investment programme to support research and…
Cheaper Batteries Disrupt Gas Power Plans
Giant batteries have become cheaper, disrupting gas power plans globally by offsetting renewable energy fluctuations. The…
Will Nigerians be Free from Energy Poverty?
Nigeria, Africa’s giant, has abundant resources with a promising potential for a thriving economy; however, it…
UK Increases Offshore Wind Price Cap by 66%
The UK government has increased the maximum price for offshore wind projects by 66% in its…
Standard Bank Injects $20m Into CrossBoundary Energy
Standard Bank, based in Johannesburg, South Africa, provides a $20 million credit facility to CrossBoundary Energy…