PowerX Closes $4m Seed Round Financing

PowerX utilises Artificial Intelligence to optimise household utility usage. A pilot test of the product in…

Daystar Power Group Set to Receive $20 million Financing from the IFC

A $20 million financing proposal to off-grid power service provider Daybreak is yet to be approved…

Japan Set to Ease Restrictions to Increase Renewable Energy Deployment

Japan intends to reduce approval times for wind projects, open up abandoned farmland, boost grid capacity…

MIGA Issues Investment Guarantees for Bboxx Operations in Africa

MIGA has issued guarantees worth $37.1m for the African Infrastructure Investment Fund 3 (AIIF3) and the…

Eswatini Approves Globeleq-Sturdee Energy Consortium to Build 15MWp Power Plants

Globeleq and Sturdee Energy have been selected by Eswatini Energy Regulatory Authority (Esera) to develop two…

EBRD Mobilizes $114m for 200 MWp Kom Ombo Solar Project in Egypt

The EBRD has announced the mobilisation of $114m to develop the Kom Ombo solar power plant.…

The Need To Make Renewables Affordable

There have been recent arguments on the necessity for a transition into renewable energy. Some say…

Huawei Launches ‘iPowerCube-S’ Mini-Grid Solution In Nigeria

Huawei has launched its Next-Generation Mini-Grid “iPowerCube-S” solution in Nigeria. The iPowerCube-S integrates solar, grid-power, and…

UKEF Increases Support for Sustainable Projects to £2.4 billion in 2020

The UKEF supported sustainable projects to the tune of £2.4 billion last year. £27 million for…

The Jabi Lake Mall and Nigeria’s Burgeoning C&I Solar Sector

CrossBoundary Energy (CBE) and Actis commissioned the 609kWp solar photovoltaic (PV) project a year ago. The…