Scatec Signs $100m Loan with World Bank for Clean Energy in Africa

Scatec (Release) signed a $100 million loan agreement with the World Bank’s International Finance Corporation (IFC) to replace…

BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

PENGASSAN Urges FG to Unbundle Electricity Grid

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has urged the federal government…

Nigeria Transmits Only 8.1GW of 13GW Electricity Generated –TCN

The General Manager for the Port Harcourt Region, Transmission Company of Nigeria (TCN), Thomas Inugonum, has…

BasiGo Secures BII’s $5m Loan for EV Assembly

BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…

COP28: Nigeria Signs MoU for 1GW Solar Plant

Nigeria has signed a memorandum of understanding to launch a 1GW Solar PV Manufacturing plant. This…

Enagas’ Hydrogen Projects Listed as EU Energy Priorities

Spain’s gas grid operator, Enagas, has successfully placed two renewable hydrogen projects on the European Commission’s…

EU Unveils Energy Overhaul Plan For Renewable Surge

European Union energy commissioner Kadri Simson unveiled a plan to overhaul the bloc’s 40-year-old electricity infrastructure…

Will Nigerians be Free from Energy Poverty?  

Nigeria, Africa’s giant, has abundant resources with a promising potential for a thriving economy; however, it…

Gabon’s Kinguélé Hydroelectric Project Secures €123m Funding

Gabon’s Kinguélé Aval hydroelectric project received an initial disbursement of 81 billion CFA francs (123.4 million…