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US solar panel manufacturing capacity grows nearly four times with federal incentives
A new report reveals that US solar manufacturing capacity has surged to over 31 GW, a nearly fourfold increase since the Inflation Reduction Act (IRA) was signed into law in 2022.
Peru is burning while authorities look away
Wildfires continue to ravage 22 of Peru’s 24 regions, claiming at least 15 lives and destroying over 3,000 hectares of land.
Storm Boris death toll rises to 17 as businesses reel from unprecedented flooding
Storm Boris had claimed 17 lives in Romania and Poland, with more casualties anticipated as floodwaters recede. Thousands have been evacuated, and authorities are concerned about the soaring costs of repairs and business closures.
Western Balkans coal power plants still pumping out toxic emissions
Bankwatch report finds little being done to phase out coal in region despite commitments to reduce emissions.
GLNG: Texas LNG moves towards FID following new offtake agreement
DMEA: Egypt reviews WEPCO, Bapetco performance, discusses Hamra terminal expansion
What is causing the Biblical deluge in Central Europe?
Central Europe is underwater as it grapples with a Biblical deluge, with record rainfall smashing all records and across countries in what experts are calling a “historic flood event.” And this torrential downpour didn’t come out of the blue.
IAEA’s experts complete safety assessment at South Africa’s NPP
Climate crisis fuels wildfires across Latin America with Brazil hardest hit
Brazil and large swathes of Latin America are battling severe wildfires this year, even in traditionally wet regions, as they grapple with a harsh drought. The effects of climate change are disrupting the lives of millions across the continent.
Russia, Bangladesh navigate stresses over nuclear power plant loan payments
Russia has demanded that Bangladesh pay over $630mn to settle accrued interest payments for a loan used to fund the Rooppur Nuclear Power Plant
MEOG: OQ plans IPO of exploration arm
AfrOil: Shelf Drilling secures $60mn contract in Nigeria
FSUOGM: RDIF, Gazprom to collaborate on domestic LNG development
Russia mulls uranium export ban to US as latter considers Ukraine missile use permission
Russia is considering whether to impose a ban on uranium exports to the US as tensions between the two adversaries continue to mount, Deputy Foreign Minister Sergei Ryabkov said on September 14, adding the decision would not be taken lightly.
EurOil: Eni, Snam start up Italy's first industrial-scale CCS project
Historic drought compels Zambia to take unprecedented step of shuttering its largest hydropower plant
Drought in Zambia has had a “critical” impact on energy, agriculture, water and food security, Plan International warns. Angola, Malawi, Mozambique, Namibia, South Africa, and Zimbabwe face similar crises.
Aminex, ARA Petroleum Tanzania receive Ntorya development licence at handover ceremony
AfrElec: Ghana secures $250mn World Bank loan for energy sector overhaul
Ghana's first lithium mine clears key environmental hurdle
Russia's budget oil breakeven price world’s second lowest as oil revenues recover
The Institute of International Finance (IIF) has forecast a decrease in Russia’s fiscal breakeven oil price (the amount to balance the external current account) to $77 per barrel by 2025, supported by a recovery in oil and gas revenues.
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