Toyota Invests $8bn in EV Battery Plant

Toyota Motor has announced that it will make an additional $8 billion investment alongside creating approximately 3,000…

Eskom Records Loss in 2022/2023

South Africa’s utility provider, Eskom, said yesterday that its net loss for the financial year that…

International Solar Alliance to Invest $35bn in Africa’s Solar

International Solar Alliance has disclosed plans to announce nearly $35 million for projects such as mini-grids…

Globeleq’s Solar Plant Begins Operations in Mozambique

Globeleq, the leading independent power company in Africa and its project partners, Source Energia and Electricidade de Moçambique…

FG to Review Siemens Power Deal

Minister of Power, Adebayo Adelabu, said the federal government will review the Siemens power deal with…

Blackstone, Vista Equity Acquire Energy Exemplar in Transition Move

Blackstone and Vista Equity Partners have announced the purchase of Energy Exemplar, a prominent provider of…

LNG Export Permit Impacts Global Supply and Industry

The U.S. Department of Energy (DOE), under President Biden, has significantly extended the review process for…

EU to Invest €60m in Uganda’s Hydropower Plant

The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…

IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks

The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…

Jaber Urges Fossil Fuels Consensus

The United Arab Emirates President of COP28 urges fossil fuel consensus to resolve disagreements over the…