Germany raised its battery storage capacity by 30% in 2024. This expansion plays a vital role…
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University of Nigeria Faces Power Outages Due to N600 Million Electricity Debt
The University of Nigeria, Nsukka, is grappling with persistent power outages attributed to an accumulated electricity…
Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs
The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…
National Grid Expects £70 Million Boost from ESO Sale to Government
National Grid has announced that it anticipates earning approximately £70 million more than expected from the…
Zambia to Offer Three Hours of Stable Electricity Supply Amid Ongoing Power Crisis
Zambia’s retail customers can expect three hours of stable electricity supply as the nation continues to…
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…
ICJ Weighs Gabon and Equatorial Guinea Territorial Dispute Amid Energy Stake
Gabon and Equatorial Guinea escalated their territorial dispute to the International Court of Justice (ICJ). The…
Venture Global Faces LNG Contract Dispute Amid Delays and Spot Market Sales
Major clients, including Shell and BP, accused Venture Global, a U.S.-based LNG producer, of delaying deliveries…