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…

US DOE Invests $1.5 Billion in Electric Grid Upgrades to Enhance Reliability

The US Department of Energy (DOE) announced a significant $1.5 billion investment on Thursday to enhance…

France Faces Industry Pushback Over Proposed Power Plants Tax

The French government plans to impose a new tax on electricity production plants to balance the…

AEDC and Husk Power Launch Solar Mini-Grids in Nasarawa State

The Abuja Electricity Distribution Company (AEDC) has teamed up with Husk Power Systems, a clean energy…

MEIL Unveils 4,000 MW Hydroelectric Initiative to Boost Maharashtra’s Energy Landscape

Megha Engineering & Infrastructures Limited (MEIL) advances India’s energy landscape with two new pumped storage hydroelectric…

Nigerian Government Announces VAT Exemptions on Diesel, CNG, LNG and EVs

The Federal Government of Nigeria has unveiled value-added tax (VAT) exemptions on several essential energy products,…

Mnangagwa Look to IPPs to Alleviate Zimbabwe’s Power Shortages

President Emmerson Mnangagwa has expressed optimism about the role of Independent Power Producers (IPPs) and new…

Heat Wave Sparks Surge in Western US Electricity Prices

An intense heat wave in the western United States is driving a sharp rise in wholesale…

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…

Tata Power Partners with Rajasthan for $1.43 Billion Investment in Renewable Energy

Tata Power has signed a memorandum of understanding (MoU) with the Government of Rajasthan to launch…