The lack of access to electric power is among the constraining factors for Africa’s development. About…
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Swiss Bank Acquires Mega Energy Storage Projects in Texas
Swiss bank UBS Group AG’s asset management arm has purchased a 700 MW portfolio of energy…
Nigeria: Siemens to Supply €63m Mega Transformers in September
FG announces import of transformers under the PPI. The first batch is expected to be delivered…
ANED Laments the Restructuring of Five DisCos
BPE and NERC had in July announced the restructuring of 5 distribution companies. ANED kicks against…
Encavis Secures Fund for Solar Project in the Netherlands
Encavis AG has acquired EUR 47.7 million for refinancing a portfolio of solar parks of 74…
Geregu Power Announce Successful Bond Issuance
Geregu Power Plc has announced its successful issuance of a ₦40.085 billion The transaction, which represents…
Equinors Books Wider Operating Loss in Q2
Equinor lost $42 million in the second quarter Due to rising business development expenses, the renewables…
Hybrid Solar Plant Begins Operation at Nampala Mine
Vivo Energy is commissioning a hybrid power plant at the Nampala mine in Mali. The mine…
ReNew Power Reveals Plans for Green Hydrogen Development in Africa
ReNew Power has revealed that it is planning to develop green hydrogen projects in Egypt and…
Schneider Electric, Ikeja Electric to Boost Electricity Distribution
The firm plans to create a digitised grid with smart transformers. Schneider Electric and Ikeja Electricity…