ACWA Power Signs an MoU for a Wind Energy Project in Egypt

ACWA Power, the world’s largest private water desalination company and a pioneer in green hydrogen, along…

AMEA Power Bags $75m Equity Investment from SoftBank

The Japanese technology giant Softbank Group Corp. has provided $75 million in equity financing to the…

Egypt Grants Land to Norway’s Scatec for $5 Billion Wind Power Plant

Egypt’s Ministry of Electricity and Renewable Energy signed a USD 5 billion (EGP 154.5 billion) agreement…

Power Giants Unite for UK Mega Electricity Transmission Project

The project involves the construction of a 2GW high voltage direct current subsea transmission cable, stretching…

OPEC Funds New Power Transmission Line in Tanzania

A new US$60 million loan by the OPEC Fund for International Development (the OPEC Fund) and…

WAPDA and UAE Firm Sign MoU for Developing Floating Solar Power

The Pakistan Water and Power Development Authority (WAPDA) signed two Memoranda of Understanding (MoU) with the Private Office…

Senegal Secures $2.74 Billion Deal to Boost Renewable Energy Sector

Senegal has secured a 2.5 billion euro ($2.74 billion) investment deal with a group of developed…

Kenya Power Banks on Diversification to Grow Revenue

Kenya Power is eyeing to grow its non-core revenue to supplement income from electricity sales as…

US Exim Bank Releases a Record $900m for Two Solar Power Plants in Angola

Washington encourages Angola to strengthen its renewable energy sector. The Angolan Ministry of Energy and Water…

US Exim Bank Releases $900m Loan for Solar Power Plants

The Export-Import Bank of the United States of America (US Exim Bank) provides a $900 million…