ADDIS ABABA — The African Union Commission (AUC), through its Department of Infrastructure and Energy, and Reykjavik Geothermal ehf signed a grant agreement for financial support...
BRUSSELS – European Commission Development Commissioner, Andris Piebalgs, today reveal the 16 energy projects which will receive $129.2 million (€95 million) funding, thanks to the EU’s...
ABUJA – Nigeria and the Export-Import Bank of India (Exim Bank) have signed a US$100 million line of credit agreement to finance energy projects in the...
ABUJA – The Nigeria Atomic Energy Commission has revealed that the country will get a nuclear plant in 2022 at a cost of six billion dollars....
NEW YORK – Nuclear power producer Exelon Corp, said it would buy Pepco Holdings Inc for $6.83 billion to create the biggest electric and gas utility in...
BERLIN – Germany’s Siemens wants to talk to France’s Alstom about “strategic opportunities” raising the prospect of a takeover tussle for the French firm. Siemens contacted...
By URIRI Leo NAIROBI – According to experts, Fossil fuel subsidies are contributing to fiscal instability and undermining governments’ efforts to combat serious economic and environmental...
PRAGUE – Czech power company CEZ AS is cancelling the $10 billion tender for two new nuclear reactors at its Temelin power plant, citing the unfavourable...
BRUSSELS — Europe’s energy-intensive industries scored a victory Wednesday in being largely let off the hook for footing the bill for decarbonizing the economy. The European...
LAGOS – According to the Ogun state Commissioner for Commerce and Industry, Otunba Bimbo Ashiru, Kenisco, a Japanese firm which specialises in solar energy technology will...
