ACWA Power Secures $2.58bn for 5,500MW Solar Expansion in Saudi

ACWA Power secured SR9.7 billion ($2.58 billion) in financing to develop three large-scale solar projects in…

Deendayal Port Exceeds RPO with Wind Power

The Deendayal Port Authority (DPA) has released its FY 2020-21 energy usage report. During this period,…

Germany to Evenly Distribute €450 Billion Renewable Grid Costs

Germany’s network agency announced a new strategy on Friday, August 30, to distribute the financial burden…

Switzerland to Lift Ban on New Nuclear Power Plants

The Swiss government has unveiled plans to lift its ban on constructing new nuclear power plants,…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

UK Wind Power Capacity Exceeds 30GW Milestone

With the completion of Viking Wind Farm, the UK’s combined onshore and offshore wind capacity is…

Nigeria Unveils Draft for New Power Policy to Boost Efficiency

On August 28, the Nigerian government unveiled the draft of the National Integrated Electricity Policy and…

Power Minister Receives Draft for Nigeria’s New Power Policy

Adelabu noted that the policy seeks to ensure equitable access to electricity for all Nigerians, particularly…

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…

China Reaffirms Fossil Fuels Phase-Out, Hits Renewables Goal Early

The National Energy Administration (NEA) announced on August 29, in a white paper, that China will…