SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs

 SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

UAE Supports AMEA Power’s Expansion into Mozambique

Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…

Eranove Secures a Two-year Contract to Manage SBEE in Benin

Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…

FG Commissions 300KWp Solar PV, BESS Project in Niger

The Federal Government has commissioned a 300KWp solar PV (photovoltaic) pilot project, including a Battery Energy…

Market Economics to Slash Bulgaria’s Use of Coal-Fuelled Power

Bulgaria’s climate minister, Julian Popov, said yesterday that Market economics will slash Bulgaria’s use of coal-fuelled…

Egypt to Set Up Green Data Centre

Egypt is preparing to establish a green data centre project. This project would harness about 200…

Avaada Group Signs MoU with Gujarat for 6GW Hybrid Projects

Avaada Group, a leading integrated energy platform in India, has entered into a Memorandum of Understanding…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…