Alcazar Energy Invests $500M in Balkans’ Largest Wind Farm

Alcazar Energy, a prominent sustainable infrastructure investor based in Dubai, announced plans to invest over USD…

TagEnergy Secures Funding for Golden Plains Wind Project

TagEnergy has secured financial backing for the second phase of the AUD 4 billion (USD 2.65…

Alight Advances 100-MW Solar Project in Finland

A European solar power developer, Alight, has secured crucial approvals for its 100-MW solar project in…

Higher Tariffs Slash Electricity Subsidies to N1 Trillion

Minister of Power Adebayo Adelabu announced that introducing higher tariffs in Band A has reduced electricity…

Kenya May Renegotiate 25-year PPA with Ethiopia

Kenya may renegotiate its 25-year power purchase agreement (PPA) with Ethiopia if the deepening electricity crisis…

RWE Secures 495 MW Offshore Wind Capacity in South Korea

RWE, Germany’s top utility, has secured a 495 MW Electricity Business License (EBL) from South Korea…

Envusa Energy Completes First 3 Wind and Solar Projects in South Africa

Anglo American has announced that its jointly owned renewable energy venture with EDF Renewables, Envusa Energy,…

World Bank, COMESA to Launch $50m Regional Energy Access Program

The Common Market for Eastern and Southern Africa (COMESA), a regional economic organisation, and the World Bank will…

COP28: Countries Agree to Reduce Fossil Fuel Dependency

At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…

COP28: Scatec Signs Solar Project Pact in Egypt

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