Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…
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CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Renewable Energy: Urgent Action Necessary for 2030 Targets
The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…
Egypt and BRICS Collaborate on Electricity and Renewable Energy
Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…
Puma Energy Acquires 49% Stake in Renewable Energy Firm
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Evergreen Power Signs 400MW Hybrid Renewables MoU with India
Evergreen Power Solutions Inc., the Indian unit of the United States green energy platform, has sealed…
Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…