The African Development Bank (AfDB) plans to invest $1 billion to boost Nigeria’s power sector. On…
Search Results for: energy supply
Auren, AES Brasil to Create 8.8-GW Renewables
Brazilian energy group Auren Energia has agreed to merge with AES Brasil Energia, creating a platform…
IEA Lowers 2024 Oil Demand Forecast, OPEC Maintains Projection
The International Energy Agency (IEA), in its May 2024 Oil Market Report, reduced its forecast for…
Burkina Faso Powers Up $49M Solar Deal with China
The transitional parliament in Burkina Faso approved a $49.3 million loan from China for a new…
Ivory Coast Faces Year-Long Electricity Crunch
Ivory Coast is experiencing a severe electricity crisis after unplanned outages at key power plants cut…
Nigerians Spark Solar Surge Amid Soaring Electricity Costs
A sharp increase in electricity costs has left many Nigerians struggling to afford power. Since April,…
Nigerian Businesses Waste ₦5 Trillion Yearly on Inefficient Power Generation – All-On, Nextier Report
In a recently released energy business report put together by impact investor All-On and multi-complacency firm…
Solarvest Wins Solar Project in Malaysia
Malaysian solar firm Solarvest Holdings has been selected for a Scientex Berhad project that will install…
Kenya Power Boosts Electricity in Nairobi, Coast Region
Kenya Power and Lighting Company (KPLC) installed seven new substations in Nairobi and the Coast regions.…
Kuwait Oil Company and Ministry Partner for Renewables
Kuwait Oil Company (KOC) and the Ministry of Electricity, Water, and Renewable Energy (MEWRE) have signed…