2024 Oil & Gas Investment to Hit $570 Billion

Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…

EU Approves €3 Billion for German Hydrogen Infrastructure

The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…

InfraCredit Secures $15 Million AfDB Loan

InfraCredit secured a $15 million facility from the African Development Bank Group (AfDB). This subordinated unsecured…

Minigrids vs. Solar Home Systems: Which is the Future of Nigeria’s Offgrid Power Supply?

In a recent discussion with The Electricity Hub, energy sector specialists Engr Chukwuma Camillus, the Senior…

McDermott Selected for Canada’s First Green Hydrogen Project

McDermott has secured an Early Contractor Involvement (ECI) agreement from Abraxas Power Corporation for the Exploits…

Pacific Partnerships Acquires Rights Cobbora Solar Farm

Pacific Partnerships, a CIMIC Group subsidiary, has acquired the rights to develop the 700-MW Cobbora Solar…

IEA: Africa Needs $22 Billion Annually for Universal Electricity by 2030

In its June 2024 report on clean energy investment for development in Africa, the International Energy…

Germany Launches Ground-Mounted Solar Projects Tender Phase

Germany’s Federal Network Agency has launched the second phase of its tender for ground-mounted solar projects,…

Candi Solar Raises $38M to Expand in India, South Africa

Candi Solar, a solar energy provider based in Zürich, has secured $38 million (EUR 35.2 million).…

Pacific Blue Australia Commences the Construction of Grid Scale BESS

Pacific Blue Australia (formerly Pacific Hydro Australia), a Chinese-owned renewable energy company, has started building its first battery…