SPIC Invests $5.85bn in Wind-Powered Hydrogen Project

China’s State Power Investment Corp (SPIC) has announced a major $5.85 billion investment in northeast China…

Dubai Inaugurates World’s Largest Solar Power

The world’s largest concentrated solar power site has been formally inaugurated in Dubai as part of…

Adani Green Energy Secures $1.36bn Loan for Renewable Energy Park

India’s Adani Green Energy Ltd (AGEL), a global leader in renewable energy, has secured a significant…

Ghana’s Sunon Power Suspends Planned Shutdown

Sunon Asogli Power (Ghana) Limited has suspended the shutdown of its plant for one week. According…

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: Arab Energy Fund Invests $1bn in Decarbonisation Tech

During the ongoing COP28 in Dubai, the Arab Energy Fund (formerly APICORP) announced plans to invest…

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…

COP28: Masdar Produces 20GW of Clean Energy

The Abu Dhabi Future Energy Company, Masdar, announced that it has doubled its renewable energy capacity…

Scatec Wins South Africa’s Battery Storage Project Bid

Norwegian renewable power producer Scatec ASA has won the preferred bidder status for the 103-MW/412-MWh Mogobe/Ferrum…