Renewable Energy: Urgent Action Necessary for 2030 Targets

The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…

Egypt and BRICS Collaborate on Electricity and Renewable Energy

Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…

Puma Energy Acquires 49% Stake in Renewable Energy Firm

Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…

IFC Invests $80m in African Renewable Energy Boost

The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…

OPEC Pushes for More Investment in Oil Despite Global Renewable Shift

The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…

World Bank Grants Iberdrola €300m to Develop Renewable Projects

The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…

Evergreen Power Signs 400MW Hybrid Renewables MoU with India

Evergreen Power Solutions Inc., the Indian unit of the United States green energy platform, has sealed…

Germany’s Renewable Energy Surge: 55% in 2023

Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…

Portugal Generates 61% Electricity from Renewables

REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…

South Africa Opens Bids for 5GW Renewable Power Generation

South Africa has launched bidding rounds for 5,000 megawatts (MW) of new power generation capacity from…