Masdar, Infinity Power, Sign 1.2GW Solar Deal with Egypt

Masdar, Infinity Power, and Hassan Allam Utilities have signed a landmark agreement with the Egyptian Electricity…

Morocco to Launch Tenders for Nigeria-Morocco Gas Pipeline in 2025

Just three weeks after reaffirming its commitment to the African Atlantic Gas Pipeline (AAGP), Morocco has…

Nigerian Government’s Electricity Subsidy Hits N1.91 Trillion in 2024

Nigerian government’s monthly spending on electricity subsidies has surged to N1.91 trillion in the first 11…

Solarworld Energy Solutions Raises Rs 110 Crore in Pre-IPO Round

Solarworld Energy Solutions has raised around Rs 110 crore in a pre-IPO placement round from several…

Nigeria’s Power Grid Has Collapsed 11 Times in 2024

Nigeria’s power grid suffers from frequent blackouts, poor investments, and weak infrastructure. In 2024, the national…

Element Energy Unveils Largest EV Battery Storage

Element Energy, a California-based company, has launched the world’s largest energy storage facility using repurposed electric…

Vietnam Needs $11 Billion to Meet EV Charging Needs

Vietnam needs US$9 billion by 2030 to increase power production and another $2.2 billion to establish…

COP29 $300 Billion Climate Finance Deal; Developing Nations Say Amount is Inadequate

Nearly 200 nations worldwide endorsed a fraught climate finance deal early November 24 morning at the…

Northern Discos Lose N74 Billion to Blackout

Following consistent blackouts in northern Nigeria, the electricity distribution companies in the region recorded approximately N74bn in…

NERC Orders DisCos to Ensure 20 Hours of Daily Power for Band A Customers

The Nigerian Electricity Regulatory Commission (NERC) has directed electricity distribution companies (DisCos) to ensure that customers…