Plus Power Secures $98 Million Financing for Texas Battery Project

Plus Power LLC, based in Houston, secures $98 million (EUR 91 million) tax equity financing for…

Konexa, NSP to Sign £14m Deal to Power Nigerian Breweries with Renewables

Konexa, a UK energy firm, will sign a £14 million deal today with Nigerian power generation…

As of 2023, Ghana, Kenya and Rwanda Led the Way in Africa for Power Grid Upgrades – IEA

In the International Energy Agency’s (IEA) October 2023 report on Electricity Grids and Secure Energy Transitions,…

Schneider Electric to Optimise Energy Capacity for Efficient Power Management

Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…

Kenya Power to Ration Electricity Supply to 12 Counties

Kenya Power has announced that there will be power rationing in 12 counties based in Western,…

Nigeria Experiences Blackout as Power Grid Collapses

The national power grid, operated by the Transmission Company of Nigeria (TCN), collapsed again yesterday at about 11:51…

Ethiopia Bans Gasoline-Powered Vehicles for EVs

The Ethiopian government has said it has issued a sweeping ban on importing privately-owned gasoline-powered vehicles,…

Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA

A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…