KLP Norfund Invests $40m for African C&I Expansion

The $40million equity investment will help to fund CrossBoundary expansion plans across Africa. KLP Norfund has…

Norwegian Power Producer Ramps up RE Plans

The company plans to have 30 GW of newly installed capacity by 2030  2 GW of…

Husk Power to Deploy Solar Micro-Grids through its Sunshot Initiative

Husk Power introduces Nigeria Sunshot Initiative to deploy solar micro-grids to boost energy access. The firm…

Saudi Arabia to Deploy 5.1 GW of Solar Capacity 

More than 1.7 GW of solar capacity has been allocated so far.  Two solar projects totalling…

Enel Sells off its Russian Shares Amidst Russia’s Invasion of Ukraine

The entire 56.43% stake in Enel Russia was sold to locals. Enel SpA, an Italian electric…

All On Signs US$500k Investment Deal with Greenage Technologies

All On invests $500k for solar equipment manufacturing in Greenage Technologies. The investment is a blend…

World Bank, Minister of Power Discuss Power Sector Progress at TEH Power Dialogue

Nigeria’s power sector has faced several challenges over the last decade. Issues facing the sector include;…

BTE Takes Over Prieska Solar Project and Acquires Sonnedix Solar

BTE Renewables announces the acquisition of Sonnedix solar South Africa. The system is spread out over…

Masdar, Infinity to Purchase Wind Power Producer Lekela

Abu Dhabi Future Energy Company will acquire Lekela Power. The Independent Power Producer (IPP), Lekela Power,…

Lights, Current, Action: Electricity and Nigeria’s Economic Awakening  

  It is no news that energy poverty remains a critical challenge in Nigeria. The majority…