FAW to Relocate EV Production to Egypt by 2025

First Automobile Works (FAW), China’s third largest carmaker, will relocate its “Bestune NAT” electric vehicle model…

REA & EM-ONE to Deploy 350MW RE Projects Targeting Businesses and Healthcare

The Rural Electrification Agency (REA) and EM-ONE Energy Solutions signed a Memorandum of Understanding (MoU) to…

Africa Leads Global Renewable Energy Drive

At the ongoing AfDB Annual Meetings 2024, taking place in Nairobi, the President of the African…

Project Qoray Leads EV Expansion in Nigeria

In a bid to align with the Nationally Determined Contributions (NDCs) to meet the 1.5oC Paris…

General Motors, LG Agree on $150 Million Relief Over Faulty Batteries

Documents filed in a US court have shown that General Motors and South Korea’s LG Energy Solution LG…

Shettima Inaugurates Avatar New Energy Lithium Facility in Nigeria

Avatar New Energy Materials Company Limited, a Chinese mining firm, has inaugurated a lithium processing facility…

Honda Increases Electrification Investment to $65 Billion

Japan’s Honda Motor pledged to double its electrification and software investment to about $65 billion over the…

Madagascar’s Fort-Dauphin Mines Go Solar

In southeast Madagascar, a new photovoltaic solar power plant supplies electricity to the Fort-Dauphin mining site.…

Shell Shifts Strategy: Exits China’s Power Markets to Prioritize Profitable Ventures

Shell, one of the world’s leading energy companies, has withdrawn from China’s power markets as part…

Fall in Storage Battery Costs to Boost Shift to Renewables – IEA

The International Energy Agency (IEA) said on Thursday, April 25, 2024, that a sharp fall in…