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…

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…

British Drax to Launch Carbon Removal Business

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

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…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

UAE Supports AMEA Power’s Expansion into Mozambique

Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…

FG Commissions 300KWp Solar PV, BESS Project in Niger

The Federal Government has commissioned a 300KWp solar PV (photovoltaic) pilot project, including a Battery Energy…

Market Economics to Slash Bulgaria’s Use of Coal-Fuelled Power

Bulgaria’s climate minister, Julian Popov, said yesterday that Market economics will slash Bulgaria’s use of coal-fuelled…

Egypt to Set Up Green Data Centre

Egypt is preparing to establish a green data centre project. This project would harness about 200…

Avaada Group Signs MoU with Gujarat for 6GW Hybrid Projects

Avaada Group, a leading integrated energy platform in India, has entered into a Memorandum of Understanding…