REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…
Search Results for: climate and energy
Credit Agricole to Halt New Fossil Fuel Project Financing
Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
COP28: Countries Agree to Reduce Fossil Fuel Dependency
At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…
Solarpack Signs Two PPAs for Solar Plants in Spain
Solarpack has closed two power purchase agreements (PPAs) for two solar photovoltaic plants in Spain, which…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Zambia to Get First Green Bond by Year-End
Zambia’s Copperbelt Energy Corporation Plc (CEC) has announced the registration of its green bond with the…
Global Carbon Budget Shows CO2 Surge in 2023
The Global Carbon Budget report published during COP28 has shown that CO2 emissions increased this year.…
AfDB: Africa’s Hydropower Plant Set for Upgrades
Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…
COP28: Scatec Signs Solar Project Pact in Egypt
Norwegian renewable power producer Scatec has signed a pact for a project to deploy 1 GW…
UAE Banks Commit $200bn to Green Finance in Dubai
In a significant move at an event in Dubai dedicated to finance, banks in the United…