New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects

The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…

Sunly Secures €300M for Baltic and Polish Renewable Projects

Estonian renewable energy firm Sunly secured €300 million ($334.71 million) in debt financing to speed up…

Philadelphia Receives $1.3 Million Federal Grant for Clean Energy Projects

Philadelphia has been awarded a substantial $1.3 million in federal funds from the US Department of…

Ageing and Weak Infrastructure Blamed for Nigeria’s Power Woes

Chief Adebayo Adelabu, Nigeria’s Minister of Power, attributed the country’s unreliable electricity supply to ageing and…

Power Minister Unveils Infrastructure Investments for Ogun State

On August 9, Power Minister Mr Adebayo Adelabu announced substantial infrastructure investments during a courtesy visit…

JICA Supports Nigeria’s Transmission Infrastructure With $500m Investment

Japanese International Cooperation Agency (JICA) has invested $500 million to improve transmission infrastructure along Lagos-Ogun Industrial…

Examining Nigeria’s Power Infrastructure and Its Limitations

On August 3, the Electricity Hub interviewed Mr. Chinedu Ogoliegbune, a Senior Policy and Research Analyst…

FRV Secures AUD 1.2 Billion for Australian Solar Projects

Global renewables developer Fotowatio Renewable Ventures (FRV) has closed an AUD 1.2 billion (USD 784 million/EUR…

Octopus Energy to Launch Onshore Wind Projects

Octopus Energy is gearing up to unveil new onshore wind projects in response to the UK…

Edison and Webuild Partner for Hydroelectric Storage Projects

On Wednesday, July 10, 2024, Italian utility Edison and construction group Webuild announced an industrial partnership…