Nigeria’s Energy Sector: Unleashing Potential Amidst Challenges

Nigeria is a significant player in the global energy market, primarily due to its substantial crude…

“Empowering Nigeria’s Energy Revolution” Identifies Financing Mechanisms for Renewable Energy Projects

Securing adequate funding remains one of the most significant challenges in the energy transition. Winifred Owunna’s…

Iran Launches 14 Megaprojects to Prevent Summer Power Shortages

The Iranian Energy Ministry is gearing up to implement 14 megaprojects to ensure a stable electricity…

Germany’s Renewable Power Consumption Reaches 56%

According to preliminary estimates, Germany generated 217 billion kWh of electricity from renewable sources in the first…

Kenya, US Sign Pact on Nuclear Plans

Kenya has signed a memorandum of understanding (MoU) with the US as it seeks safe and secure…

Rio Tinto Launches Pongamia Farming Trial to Explore Renewable Diesel Production

Mining giant Rio Tinto has said that it will develop seed farms in Australia to explore the…

India Secures $386 Billion for Renewable Energy Expansion by 2030

According to Renewable Energy Minister Pralhad Joshi, India has secured $386 billion in commitments from banks…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects

The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…

Drought Strains Brazil’s Hydropower Supply, Raising Energy Costs

A worsening drought across Brazil, which has stoked record wildfires and withered crops, now threatens the…