WEF: Stakeholders Launch Clean Energy Initiative for Developing Countries

The Clean Energy Investment Mobilization Network for the Global South was launched after the World Economic…

World Bank Projects 216m Displacement by 2050 Due to Climate Change

The World Bank projects 216 million people, mainly in sub-Saharan Africa, will move by 2050 due…

Egypt Secures $100m Loan from EBRD for Green Transition

Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…

Beeah Group Clinches Sustainability Award at the 11th International Finance Awards

Beeah Group, UAE, won two categories at the 11th International Finance Awards in Dubai. They won…

Ørsted to Acquire 50% Share of Sunrise Wind in New York

Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 per cent share of Sunrise…

Kumasi’s 4.3MW Solar Plant Powers Green Steel in Ghana

Kumasi’s largest rooftop solar power plant, with a 4.3 MW capacity, is now operational. It supplies…

Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA

A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…

IPMAN Blames NMDPRA’s 600% Tariff Increase for Petrol Price Hike

The Independent Petroleum Marketers Association of Nigeria (lPMAN) have blamed the over 600 per cent increase…

EEDC to Commence Prepaid Meter Token ID by February

The Enugu Electricity Distribution Company (EEDC) announced yesterday its plans to commence the Token Identifier (TID)…

SolarEdge to Lay Off 16% of Workforce to Reduce Operating Costs

 SolarEdge Technologies said yesterday that it would lay off about 16 per cent of its global workforce…