International
Aker sells Pecan field for US$1 after failing to get US$1.3bn from GNPC
Two years after the country’s failed bid to purchase shares in two offshore petroleum blocks owned by Aker Energy for US$1.65billion, the company has entered into a US$1 upfront payment agreement with a subsidiary of its main creditors for one of the blocks – raising...
Global floating solar Market to surpass 6GW by 2031
According to Wood Mackenzie research, the global floating solar market will surpass 6GW by 2031 as PV developers struggle to meet rising solar demand and turn to alternative development technologies. Floating solar (FPV) is expected to have a consistent market share...
Tullow Takes Over Kenya Oil Project
Tullow Oil plc, a global independent oil and gas exploration and production company, will now complete the acquisition of the Kenya Oil Project. The government has yet to approve the 100% equity takeover. Madhan Srinivasan, Tullow Kenya BV Managing Director stated...
European Union and Norway jointly unveil solar plant
The European Union in Ghana and the Embassy of Norway in Ghana have jointly inaugurated a solar plant for the Ghana Nuts Company Ltd in Techiman. The new solar installation for Ghana Nuts is an excellent example of how renewable energy can benefit both the environment...
USA seeks Nuclear Development Partnership with Ghana
During a recent non-committal meeting at the US Department of State, the US expressed a strong desire to become a strategic partner in Ghana's nuclear development. Ann K. Ganzer, Principal Deputy Assistant Secretary for Nonproliferation Policy, Bureau of International...
Bloomberg Philanthropies, IRENA announce COP28 partnership
Bloomberg Philanthropies and the International Renewable Energy Agency (IRENA) announced on Monday, May 22, a new COP28 partnership to accelerate clean energy deployment and capital mobilization in emerging markets and developing countries. The collaboration will...
Shell, Equinor inch towards HGA on Tanzania LNG
Shell and Equinor have advanced their plans for Tanzania LNG by closing in on a host government agreement (HGA). Shell's country manager, Jared Kuehl, stated that the companies had reached an important agreement with the government. “Subject to successful completion...
Ghanaian nuclear experts on USA study tour
A group of respected Ghanaian nuclear experts have begun a study tour in the United States, marking an important step forward in Ghana's nuclear energy ambitions. This delegation of scientists, industrialists, and regulators is taking part in the (FIRST) Foundational...
Masdar to develop Uzbekistan renewable projects
The Abu Dhabi Future Energy Company (Masdar) has stated that it will assist in the development of renewable energy projects throughout Uzbekistan. The company will work on over 2GW of solar and wind projects, as well as 500MWh of battery energy storage, under a joint...
Ghana benefits from 17 Karpowership CSR Projects in 8 years
Karpowership Ghana Company Ltd, has in the last eight years, initiated more than 17 projects as part of its corporate social responsibility. The projects are in the areas of health, education, gender equality, clean energy, economic growth, industry, as well as water...
