Casa dos Ventos Plans to Invest R$12 Billion on Renewables by 2026

Casa dos Ventos, a Brazilian renewable energy developer, has made public that it will invest over…

China Sets Pricing Rule for Power Stabilising Services

China’s state planner is set to refine the pricing mechanisms for services essential to stabilising power…

OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others

Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…

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…

TotalEnergies Acquires Quadra Energy

TotalEnergies has announced an agreement with the Aloys Wobben Foundation (AWS) to acquire Quadra Energy, an…

Husk Power Raises $103 Million for Solar Mini-grids in Africa

Husk Power Systems has raised $103 million Series D in equity and debt to meet its…

AfDB to Support Eritrea’s Blue Economy

The African Development Bank (AfDB) has pledged to support the Eritrean government in developing its blue…

2030: Renewables to Supply Over a third of Global Electricity

A new report by the Rocky Mountain Institute (RMI) has shown that renewables (wind and solar)…

Global Energy Crisis Demands for Natural Gas

In its global gas security review, IEA noted that the crisis has reshaped natural gas markets,…