British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

EEDC to Commence Prepaid Meter Token ID by February

The Enugu Electricity Distribution Company (EEDC) announced yesterday its plans to commence the Token Identifier (TID)…

SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs

 SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…

Idemitsu Transforms Japan Refinery into Carbon-free Hub

Idemitsu Kosan Co Ltd revealed plans on Monday to convert the Yamaguchi refinery in western Japan…

FG Permits DisCos to Purchase Electricity Directly from GenCos

The Federal Government, through the Nigerian Electricity Regulatory Commission (NERC), has permitted Electricity Distribution Companies (DisCos)…

Vinci Energies Wins €200m for Senegal’s Power Infrastructure

Vinci Energies, a subsidiary of Vinci, secures a €200 million contract in Senegal with French backing.…

Heirs Energies Increases Daily Oil Production to 40,000bpd

Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

UAE’s ADNOC to Allocate $23bn for Decarbonisation

UAE’s Abu Dhabi National Oil Company (ADNOC) said today that it would allocate $23 billion for…

Northvolt Plans to Source Cobalt from Congo for EV Batteries

Swedish battery maker, Northvolt, said today it is looking to source cobalt, used to make chemicals…