Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…
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EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
ERG SpA Approved for US Renewable Portfolio
Italian independent power producer ERG SpA received approval from the European Commission (EC) to acquire a…
Mozambique Eyes Africa’s Hydropower Crown with $5 Billion Energy Overhaul
Mozambique aims to position itself as Africa’s biggest hydropower producer. The country has rich hydropower, wind,…
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…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
Swire Acquires Obelisk Energy in South Africa, Ireland
Swire Renewable Energy A/S, a renewable energy maintenance and services company owned by the Swire Group,…
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…
EU Lawmakers Target Solar Production Crisis
European Union lawmakers agreed to tackle the solar production crisis by promoting local clean tech production…
Serbia Secures Funding for 1 GW Solar Project
Serbia secures support from financial institutions for its 1 GW solar project with storage. Deputy Prime…