Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…
Category: Renewables
Italy Commits 5.5 Billion Euros For African Development
At the Italy-Africa Summit on January 29, 2024, Prime Minister Georgia Meloni unveiled a 5.5 billion…
Minister Adelabu Urges Action on Power Sector Challenges
Chief Adebayo Adelabu, Minister of Power, expressed concerns about Nigeria’s power sector challenges, citing issues like…
UK Backs $239M AfDB Loans for Climate Finance Program
The United Kingdom(UK) has guaranteed Mauritius and Benin two African Development Bank (AfDB) loans totalling $239…
Nithio Secures $10m from FMO for Climate-Friendly Initiative
Nithio secures a $10 million commitment from the Netherlands Development Finance Corporation (FMO) for its Facility…
PFO Africa Secures 52MW Solar Power Plant in Ivory Coast
Abidjan-based PFO Africa is expanding into energy with a new concession agreement with the Ivorian government.…
WEF: Stakeholders Launch Clean Energy Initiative for Developing Countries
The Clean Energy Investment Mobilization Network for the Global South was launched after the World Economic…
Renewable Energy: Urgent Action Necessary for 2030 Targets
The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…
Globeleq Restructures $37m Debt for Solar Plants in South Africa
Globeleq, an Independent Power Producer (IPP), restructures $37 million in senior debt for its Aries and…
Beeah Group Clinches Sustainability Award at the 11th International Finance Awards
Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…