Adnoc, the UAE’s national oil company, has acquired German chemical giant Covestro for €12 billion. This…
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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,…
SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation
SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…
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…
Masdar Accelerates European Renewable Energy Expansion
Masdar, a key renewable energy company, increases its footprint in Europe. Owned by ADNOC, Mubadala Investment…
Centrus Pushes Investment to Secure US Nuclear Independence
Centrus Energy Corp. urges the US government to direct $3.4 billion in federal funds toward domestic…
Complete Solar Seizes SunPower Assets
The Delaware Bankruptcy Court approved Complete Solar’s $45 million purchase of critical SunPower Corporation assets. The…
Power Dialogue: Experts Outline Steps to Promote Hybrid Energy Solutions in Nigeria
Experts at the Electricity Hub 98th Power Dialogue have identified and explored ways to improve hybrid…
KGAL Fund Backs 1,050 MW Green Hydrogen Hub to Boost Germany’s Energy Independence
The KGAL ESPF 6 fund will develop a 1,050 MW green hydrogen production hub in Lubmin.…
Stellantis Unveils Leapmotor T03: A Game-Changer in Affordable EVs
Stellantis has launched the Leapmotor T03, an electric vehicle for European consumers. It is priced at…