McKinsey Estimates $9.2 Trn Annual Funding to Attain Net-Zero 2050 Goal

 $3.5 trillion increase to achieve net-zero emission by 2050. McKinsey estimates the increase to be equal…

RWE Signs Concession for 1GW Wind Project in Germany

 RWE is set to deploy a 1GW offshore wind project The firm will manage Denmark’s largest…

Kenyan EV Manufacturer Plagued by Electricity Generation Challenges

High cost of Opibus production Imbalanced demand and supply of production  Maintenance of EVs difficulties. OPIBUS,…

UGANDA: Minister Recommends Stopping New Investments as UMEME Concession Closes

Minister recommends halt to new investments in UMEME Concession ends in 2025 UMEME is seeking a…

SOUTH AFRICA: Business Chambers Challenge NERSA’s Tariff Methodology in Court

Business Chambers challenges tariff methodology It says it’s unlawful for Municipalities to determine retail tariffs Business…

SOUTH AFRICA: City of Cape Town Rejects Eskom’s Tariff Application

Cape Town Mayor opposes Eskom’ tariff application Hill-Lewis says residents cannot afford a tariff increment Seeks…

U.S. Solar Deployments could Drop by 7.4GW in 2022

Wood Mackenzie predicts US solar installations could reduce by 7.4GW in 2022. This reduction is due…

LIBERIA: LERC Announce Tariff Reductions From January 1st 2022

  LERC approves tariff reduction Reductions to take effect on 1st January 2022 The Liberia Electricity…

KENYA: Electricity Tariffs Remain High Despite Government’s Promises

  Kenyatta administration fails to drive down electricity tariffs Prepaid tariffs recorded a marginal increase Contrary…

New $10m Aggregated Solar Equipment Procurement Financing Facility Launches in Nigeria

All On, Odyssey, and The Global Energy Alliance for People and Planet-supported program will accelerate the…