Mainstream Renewable Power has secured financing for its 50 MW solar project in Ilikwa, South Africa.…
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Nigeria’s Electricity Generation Drops Amid Rising Tariffs
Nigeria’s electricity generation has faced a significant decline, peaking at 4,998.20 megawatts (MW) on October 6,…
NextPower Secures 20-Year Solar PPA with Anglian Water
NextPower UK ESG, a subsidiary of NextEnergy Capital, has signed a 20-year electricity sales agreement with…
Adnoc Acquires Covestro for €12B, Strengthens Diversification in Europe
Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…
Nigeria Has Cheapest Electricity in Africa, Says Power Minister
The Minister of Power, Adebayo Adelabu, recently stated that electricity prices in Nigeria are among the…
US DOE Finalizes $1.52 Billion Loan for Nuclear Power Plant
The US Department of Energy (DOE) has finalised a $1.52 billion loan agreement to restart operations…
Metering Crisis: 7.3 Million Unmetered Customers in Nigeria
Metering electricity customers in Nigeria remains a significant challenge, with the number of unmetered customers increasing…
Apatura Greenlights Scotland’s Largest Battery Storage System
Renewable energy company Apatura has approved a 700 MW standalone battery energy storage system (BESS) in…
Neoen Secures Provisional Approval for 170 MWp of Solar in Irish Tender
France’s Neoen has announced that two solar projects, with a combined capacity of roughly 170 MWp,…
Pakistan Renegotiates Power Contracts to Curb Soaring Tariffs
Pakistan is renegotiating contracts with independent power producers (IPPs) to address unaffordable electricity tariffs. Soaring energy…