Morgan Stanley Adjusts Emission Targets Amid Green Transition Challenges

Morgan Stanley has lowered its emissions reduction expectations for its corporate lending portfolio. The bank’s Chief…

Tojo Motors Gets Nearly 1K EV Orders for PUV Modernisation

Tojo Motors Corp., a local electric vehicle (EV) “fabricator” in the Philippines, has received an order…

China Targets EU Cars and Brandy in Retaliation Over EV Tariffs

China is investigating whether to raise tariffs on European large-engine vehicles and will start collecting brandy…

UAE EVS and Savvy Charging Technologies Form Partnership

The UAE is transforming remarkably, positioning itself among the top five countries in the EV industry.…

Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe

Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…

European Commission to Impose 45% Tariffs on Chinese EVs

The European Commission has secured sufficient backing from EU member states to implement significant tariffs of…

Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs

The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…

SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation

SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…

Prof Nnaji Calls for Solar, Hydropower Surge to Meet 2060 Clean Energy Targets

Former Minister of Power, Prof. Barth Nnaji, urged Nigeria to accelerate the development of solar and…

A Review of China Interventions in Africa’s Clean Energy Market

China is not only Africa’s largest bilateral trading partner and one of its most significant sources of foreign aid…