UK’s BII Commits $300m to Boost Egypt’s Wind and Solar Projects

The British International Investment (BII), the UK government’s development finance institution, has committed $300 million to…

AfDB Grants South Africa $474.6m Loan to Boost Energy

The African Development Bank (AfDB) has approved a $474.6 million loan to South Africa to accelerate…

Ghana to Raise $4bn for 24-hour Economy Initiative

The Ghanaian government plans to raise $4 billion over the next four years to fund its…

Afreximbank Calls for More Green Infrastructure Investment

The African Export-Import Bank (Afreximbank) has urged stronger and more coordinated investments in green infrastructure across…

Saudi Arabia, Indonesia Sign $27bn in Energy Deal

Saudi Arabia and Indonesia have signed multiple agreements and memorandums of understanding valued at approximately $27…

ACWA Power Invests in China’s Renewable Energy Market

ACWA Power, a leading energy and desalination company based in Riyadh, Saudi Arabia, plans to increase…

China Unveils World’s First 500-MW Turbine After 4-Year Testing

China is preparing to install one of the most powerful impulse turbines ever built at the…

Hungary Boosts Grid Stability with MAVIR’s 20 MW BESS

MAVIR, Hungary’s electricity transmission system operator, has officially launched a 20 MW battery energy storage system…

Globeleq, African Rainbow Energy Finalise 153 MW/612 MWh BESS Project Deal

Globeleq and African Rainbow Energy have reached commercial close on the 153 MW/612 MWh Red Sands…

Octopus Energy Launches $250m Africa Fund for Energy Transition

Octopus Energy Generation, the renewables investment arm of UK-based Octopus Energy, has launched the Octopus Energy…