Norfund Invests $307M in Kenya’s Electromobility

Norwegian investment fund Norfund has announced a $307 million investment in Kenya’s electromobility sector, focusing on…

Sungrow Leads Powerelec Kenya 2024 as Principal Sponsor

Sungrow, a global leader in PV inverters and energy storage systems, proudly announces its role as…

ACWA Power Closes $533M for Uzbekistan Solar-BESS Project

ACWA Power, listed in Saudi Arabia, has completed the financial close for the $533 million Tashkent…

Scatec and Yara Partner on Green Ammonia Project in Egypt

Norwegian energy company Scatec has struck a deal with Yara Clean Ammonia, a subsidiary of Yara…

IATA Urges South Africa to Boost SAF Production

The International Air Transport Association (IATA) has urged South Africa to accelerate the production of Sustainable…

Namibia Lowers Fuel Prices to Reduce Customer Burden From July 3, 2024

Namibia’s Ministry of Mines and Energy recently announced plans to decrease fuel prices by 80 Namibian…

InfraCredit Receives “AAA” Credit Rating for 7th Year

On July 2, 2024, Global Credit Ratings (GCR) reaffirmed InfraCredit’s “AAA” credit rating for the seventh…

Green Wheels: Nigeria’s Road to a Sustainable EV Future

Nigeria is pivotal to embracing electric vehicles (EVs) as the global automotive industry shifts towards sustainable…

2024 Oil & Gas Investment to Hit $570 Billion

Global upstream oil and gas investment will hit $570 billion in 2024, reflecting a 7% rise…

Doral Renewables Lands $400M Investment from APG

Philadelphia-based Doral Renewables LLC attracted a $400 million (EUR 372.8 million) equity investment from APG, representing…