Federal Government Settles N205bn of N1.3tn Debt to GenCos

The federal government announced that it had offset N205 billion of the N1.3 trillion debt owed…

NERC Issues Electricity Generation Permits to MTN, Golden Penny Power and Others

The Nigerian Electricity Regulatory Commission (NERC) has issued permits to Golden Penny Power Limited, MTN Communications…

US and Russia Compete for Africa’s Nuclear Energy Market

The United States and Russia are ramping up efforts to expand their influence in Africa’s emerging…

NNPC Makes N3.3trn Profit, N2.1trn Dividend For 2023

The Nigerian National Petroleum Company (NNPC) Limited declared a net profit of N3.297 trillion at the…

Mining Companies Boost Green Energy with Sustainable Loans

Mining companies increasingly use green loans tied to greenhouse gas (GHG) reductions and Environmental, Social, and…

Algeria Provides Emergency Fuel Aid to Lebanon

Algeria will start supplying fuel for Lebanon’s power plants immediately, the North African country’s radio said.…

Renewables Surge: Countries Lead with 99.7% Green Power

Albania, Bhutan, Nepal, Paraguay, Iceland, Ethiopia, and the Democratic Republic of Congo have achieved a milestone…

Kenya Power Settles 97% of Debt to US Firm Ormat Technologies

Kenya Power has paid KES 7.9 billion of the KES 8.17 billion it owed to US…

Algeria to Provide Immediate Fuel Assistance to Lebanon Amid Electricity Crisis

In a move to alleviate Lebanon’s severe electricity shortage, Algeria has pledged to “immediately” supply fuel…

South Africa’s President Enacts Major Electricity Sector Reforms

South Africa’s President Cyril Ramaphosa has signed the Electricity Regulation Amendment Act into law, ushering in…