Toyota Invests $8bn in EV Battery Plant

Toyota Motor has announced that it will make an additional $8 billion investment alongside creating approximately 3,000…

Eskom Records Loss in 2022/2023

South Africa’s utility provider, Eskom, said yesterday that its net loss for the financial year that…

International Solar Alliance to Invest $35bn in Africa’s Solar

International Solar Alliance has disclosed plans to announce nearly $35 million for projects such as mini-grids…

FG May Revoke Licenses of Underperforming Electricity Operators

The Minister of Power, Adebayo Adelabu, says the Federal Government will not renew licensing agreements for…

Globeleq’s Solar Plant Begins Operations in Mozambique

Globeleq, the leading independent power company in Africa and its project partners, Source Energia and Electricidade de Moçambique…

FG to Review Siemens Power Deal

Minister of Power, Adebayo Adelabu, said the federal government will review the Siemens power deal with…

Blackstone, Vista Equity Acquire Energy Exemplar in Transition Move

Blackstone and Vista Equity Partners have announced the purchase of Energy Exemplar, a prominent provider of…

Electricity Market Operators Commence Performance Review

On Monday, the Nigerian electricity market operators commenced the performance review of the Nigerian Electricity Supply Industry (NESI).…

EU to Invest €60m in Uganda’s Hydropower Plant

The European Union plans to invest 60 million euros ($63 million) in upgrading one of Uganda’s…

Post-Brexit Carbon Prices May Cost UK Billions

An industry report said yesterday that Britain’s Treasury could lose 3 billion pounds ($3.6 billion) of…