AMEA Power Signs 25MW Solar Contract with Djibouti

AMEA Power, a renewable energy company in Dubai, has signed a 25-year Power Purchase Agreement (PPA) with…

MIGA Grants $18 Million Assurance for BTE Solar Facility

The Multilateral Investment Guarantee Agency (MIGA), a part of the World Bank Group, has given an…

Bena in Deal with UK to Explore Opportunities in Energy Sector

Saudi-based Bena Steel Industries has entered into a strategic partnership agreement with UK-based energy solutions provider…

Scatec Raises $270m for its Solar Farms in South Africa

In the advancement of its Grootfontein solar power facilities in South Africa, Scatec has attained a…

Mitsui Invests in the World’s First e-Methanol Production & Sales in Denmark

Mitsui & Co., Ltd. has agreed to acquire a 49% equity interest in Kasso MidCo ApS,…

Egypt’s Energy Sector to Attract $8bn in Coming Fiscal Year-Minister El Molla

Egypt’s energy sector expects to attract $8 billion in foreign investment in the coming fiscal year as…

Improving Storage Technologies to Boost Renewable Capacity and Utilization in Nigeria

Nigeria, endowed with abundant renewable energy resources, has the potential to significantly increase its renewable energy…

BP Invests $10mln in Biofuel Firm

British multinational oil and gas firm BP plc has led a Series B investment round, with…

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…

ZINOX to Invest $250m on Renewable Energy

ZINOX Technologies Limited, one of Africa’s leading integrated technology group, has unveiled a plan to invest…