Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…
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Mnangagwa Look to IPPs to Alleviate Zimbabwe’s Power Shortages
President Emmerson Mnangagwa has expressed optimism about the role of Independent Power Producers (IPPs) and new…
Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles
Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…
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…
Heat Wave Sparks Surge in Western US Electricity Prices
An intense heat wave in the western United States is driving a sharp rise in wholesale…
India Launches Tender for 6GW Renewable Energy with Storage
On September 28, 2024, state-operated hydroelectric power generation company SJVN announced that India is initiating a…
Masdar Accelerates European Renewable Energy Expansion
Masdar, a key renewable energy company, increases its footprint in Europe. Owned by ADNOC, Mubadala Investment…
Sierra Leone Secures $480 Million to Revolutionise Electricity Access
The Millennium Challenge Corporation (MCC) signed a $480 million agreement with the Sierra Leonean government. This…
All On, USAID to Invest $10m On Sustainable Energy Solutions
All On Partnerships for Energy Access (All On) and the United States African Development Foundation (USADF)…
Transmission Gaps Stall U.S. Renewable Energy Progress
US industry experts state that the US renewable energy sector struggles to expand due to inadequate…