FG to Bridge Metering Gap, Financial Challenges in Power Sector

The Federal Government has committed to bridging the metering gaps and solving the financial liquidity challenges…

Minister Calls on the UN to Provide Financial Support for Nigeria’s Power Sector

Minister calls on the UN to provide more funds for the power sector. Increased power production…

Nigerian Minister Seeks UN Financial Support for Power Sector

Minister of State, Power, Mr Goddy Jedy-Agba, has called on the United Nations (UN) to make…

MDA’s Debt to DisCos Intensifies Financial Stability for the Power Sector

DisCos owes NBET ₦500 billion in debt. MDA’s enjoy continuous electricity despite huge debts Ministries, Departments…

GHANA: Sector Challenges Due to Financial Challenges – Ghanaian MP

Financial challenges, cause of persistent blackouts says MP Blames Akufo-Addo administration Claims challenges are not technical…

Clearway Energy Cancels Solar Projects Over Hawaiian Electric’s Financial Woes

Clearway Energy has cancelled three solar power purchase agreements (PPAs) with Hawaiian Electric, citing concerns over…

EFCC to Investigate Power Sector Corruption as KEDCO Launches Safe Grid Initiative

The Economic and Financial Crimes Commission (EFCC), led by Chairman Ola Olukoyede, investigates alleged mismanagement and…

Germany will Invest $160 Million in Nigeria’s Power Sector

Germany’s Deputy Ambassador to Nigeria, Johannes Lehne, announced that the country will invest $160 million to…

Mexico Tightens State Grip on Energy Sector

The Mexican Senate approved a constitutional reform to increase state control over the energy sector, focusing…

Polarium Secures $49 Million to Fuel Growth Amid Financial Struggles

Polarium, a Swedish energy storage systems manufacturer, raised 500 million Swedish kronor (about $49 million) through…