Africa50 and IRENA have pledged $100 million to support renewable energy projects in Africa, aiming for sustainable development and enhanced energy access.
In the News
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Stability in legislative frameworks is highlighted as essential for fostering investments in South Africa’s renewable energy amid governmental changes.
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A dispute over crude supply between NNPC, Dangote Group, and IOCs exposes deeper issues within Nigeria’s oil industry, posing risks to economic stability.
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Scorching temperatures in Texas are expected to drive record-breaking electricity demand. ERCOT, the state’s grid operator, assures Texans there’s enough supply but urges conservation during peak hours. The heatwave also raises concerns about grid reliability and rising energy costs.
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Major U.S. oil and gas companies face an uphill battle selling billions of dollars in assets as they look to fund investor payouts following a record-breaking wave of mergers. The…
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Egypt receives $700 million from the World Bank to boost renewable energy efforts and improve electricity efficiency, supporting green economic growth.
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Cape Town advances its city-wide electricity meter upgrade, set to finish before the December deadline.
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Ghana faces severe debt distress, prompting austerity measures and international assistance negotiations. The nation must implement effective reforms to restore stability.
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Lilac Solutions, a leader in lithium extraction technology, unveils advancements in its DLE process. These improvements address efficiency, environmental impact, and cost, making them a contender in the race to meet the growing demand for lithium, a critical element in electric vehicle batteries.
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Excerpt: U.S. power grids are undergoing a significant transformation with the increasing adoption of battery storage technology. This shift is driven by the potential for cost savings through arbitrage, enhanced grid reliability, and smoother integration of renewable energy sources like solar and wind power. As battery technology advances and costs decline, we can expect even wider adoption by utilities, ultimately leading to a more reliable, efficient, and sustainable power grid