Globeleq Restructures $37m Debt for Solar Plants in South Africa

Globeleq, an Independent Power Producer (IPP), restructures $37 million in senior debt for its Aries and…

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…

OMP to Install 1.56MWp Solar System in Gabon

Owendo Mineral Port (OMP) is going green by installing a 1.56 MWp solar system strategically 21…

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…

Morocco and Nigeria Plans African-Atlantic Gas Pipeline Project

Morocco and Nigeria have reopened discussions for the African-Atlantic Gas pipeline project. This is part of…

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…

British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

Eskom to Implement 16-hour Power Outage in NorthWest

Due to planned maintenance, Eskom, South Africa’s utility firm, has disclosed that it will implement a…