Germany has received European Union approval for 2.6 billion euros ($2.8 billion) in aid to RWE…
Category: Renewables
SPIC Invests $5.85bn in Wind-Powered Hydrogen Project
China’s State Power Investment Corp (SPIC) has announced a major $5.85 billion investment in northeast China…
Oando to Purchase 50 New EVs in Nigeria
In its efforts to support electric mobility adoption in Nigeria, Oando Clean Energy (OCEL), the renewable…
COP28 President Urges Nations to Leave Comfort Zones
COP28 President Sultan al-Jaber urged nations to leave their comfort zones to agree to address climate…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Climate Activists Demand Fossil Fuel Phase-Out
At the ongoing COP28 in Dubai, climate activists protested against the oil, gas, and coal industry,…
Global Carbon Budget Shows CO2 Surge in 2023
The Global Carbon Budget report published during COP28 has shown that CO2 emissions increased this year.…
UAE Banks Commit $200bn to Green Finance in Dubai
In a significant move at an event in Dubai dedicated to finance, banks in the United…
Global Hydrogen Market Size to Hit $220.37bn by 2028
A new report by Fortune Business Insights projects that the global hydrogen generation market size will…
World Bank Funds KenGen’s Battery Storage Project
The World Bank has selected Kenya Electricity Generating Company (KenGen) to execute a battery storage pilot…