New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects

The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…

China Reaffirms Fossil Fuels Phase-Out, Hits Renewables Goal Early

The National Energy Administration (NEA) announced on August 29, in a white paper, that China will…

Saudi 7.8GWh Energy Storage Contract Worth Over $800m

Saudi Arabia recently awarded engineering, procurement, and construction (EPC) contracts for three energy storage systems are…

Meta Secures Geothermal Energy Deal from Sage for US Data Centres

Facebook owner Meta Platforms has signed a deal to buy geothermal power from Sage Geosystems to…

Standard Bank Invests $3 Billion in Africa’s Energy Sector

Standard Bank has announced it has mobilised over $3 billion this year to advance green and…

Seraphim Energy Secures 300-MW Solar Deal with Vertys in Brazil

Chinese solar manufacturer Seraphim Energy Group Co Ltd has signed a 300-MW distribution agreement with Brazil’s…

South Africa’s Deputy Minister Calls for Fair Distribution in Energy Shift

As South Africa shifts towards a low-carbon economy, Deputy Minister of Forestry, Fisheries and the Environment…

Sunly Secures €300M for Baltic and Polish Renewable Projects

Estonian renewable energy firm Sunly secured €300 million ($334.71 million) in debt financing to speed up…

Vena Energy, MGreen Partner for 550MW Solar Project in the Philippines

Vena Energy, a leading renewable energy company in the Asia-Pacific region, has formed a strategic partnership…

Ghana VP Promises 100 Electric Vehicles, Green Energy Push

The vice President of Ghana, Dr Mahamudu Bawumia, has pledged to introduce 100 electric vehicles by…