PFC Acquires 52.63% Stake in REC, Moves Toward PSU Power Finance Merger
Representational image. Credit: Canva Power Finance Corporation Ltd. (PFC) has officially acquired a 52.63% stake in REC Limited, following approval from the Cabinet Committee on Economic Affairs (CCEA). With this…
Week in Africa: Hybrid Solar Boosts Smart Meter Savings; CEI Africa Funds Benin Mini-Grids and More…
Hybrid solar solutions are helping African households and businesses manage smart meters and time-of-use tariffs more effectively. By combining solar generation, storage, and intelligent energy management, users can lower electricity…
CORNEX Partners Al Rajhi Electrical And GREENGRID For 5.5 GWh Energy Storage In Saudi Arabia
Representational image. Credit: Canva CORNEX has signed a strategic cooperation agreement with Al Rajhi Electrical and GREENGRID to support Saudi Arabia’s clean energy transition through large-scale energy storage deployment. The…
Shizen Energy–Alam Karya JV Secures $7.6 Million to Expand Rooftop Solar in Indonesia
A joint venture between Japan’s renewable energy company Shizen Energy Inc. and Indonesia’s PT Alam Karya Prima has secured major financing to speed up the rollout of rooftop solar projects…
Maxeon And Aiko Sign Global Patent Licensing Agreement For Back Contact Solar Technology
Representational image. Credit: Canva Maxeon Solar Technologies, Ltd., and Shanghai Aiko Solar Energy Co., Ltd. have announced that they have reached a formal agreement on patent licensing related to back…
Vietnam Revises National Energy Plan To Support Double-Digit Economic Growth Targets
Vietnam is proposing changes to its national energy planning as it targets double-digit economic growth during the 2026–2030 period. The higher growth ambition is expected to push up energy demand,…
Dubai Inaugurates 950 MW Solar Park Phase Four, Sets New Global Renewable Energy Records
Dubai has officially inaugurated the fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, marking a major step forward in global renewable energy development. The project was launched…
AXITEC Energy Powers Chennai Premium Apartments With 540 kWp Rooftop Solar Using 590 Wp TOPCon Panels Installed By Shree Abhi Electricals
AXITEC Energy India Pvt Ltd, a leading provider of high-performance solar photovoltaic solutions, has announced its participation in a major rooftop solar installation at premium residential apartments located in the…
How Hybrid Solar Solutions Help African Consumers Manage Smart Meters And TOU Tariffs
Across many African countries, electricity utilities are upgrading their grids by installing smart meters and introducing Time-of-Use tariffs. Under these new systems, electricity prices change during the day, with higher…
CEI Africa Backs Solar Mini-Grids in Benin with $2.9 Million Blended Finance Package
Representational image. Credit: Canva In a move aimed at improving electricity access in rural Africa, the Stichting Clean Energy and Energy Inclusion for Africa (CEI Africa) has finalized a $1.5…
