About half the world’s power will be generated by wind and solar resources by 2050. Generation from coal will drop more than 70% from today’s levels. That’s according to research from energy analysts published June 19 in the “New Energy Outlook 2018” (NEO) from Bloomberg New Energy Finance (BNEF). The NEO report outlines information from […]

The World Bank has approved an International Development Association (IDA) credit of $40 million to improve Madagascar’s electricity sector governance and operations. The Madagascar Electricity Sector Operations and Governance Improvement Project (EGOSIP) will help ensure full implementation of the Performance Improvement Plan of the national power utility, JIRAMA, that has been prepared in 2016, in […]

ERBIL– Iraq’s 2018 national election winner and influential Shia cleric on Friday, expressed his support for the privatization of the country’s power sector to help address its chronic electricity shortages. Muqtada al-Sadr, leader of the Sairoon Coalition, suggested privatizing Iraq’s electricity supply system to ease the burden of production on the government. “There have been […]