The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
Search Results for: climate and energy
Madagascar Hybridises Oil Power Plants with Solar PV, Plans 2nd Phase
Madagascar hybridises three large-scale heavy-fuel oil power plants with solar photovoltaic (PV) and plans to commence…
NIGUS Signs $1bn Agreement with Chinese Firm to Curb Gas Flaring
A Nigerian energy company, NIGUS International, has signed a $1 billion agreement with a Chinese firm,…
Portugal Generates 61% Electricity from Renewables
REN, Portugal’s grid operator, said renewable power sources supplied 61% of electricity to the country in…
Credit Agricole to Halt New Fossil Fuel Project Financing
Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…
COP28: Countries Agree to Reduce Fossil Fuel Dependency
At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…
Solarpack Signs Two PPAs for Solar Plants in Spain
Solarpack has closed two power purchase agreements (PPAs) for two solar photovoltaic plants in Spain, which…
BasiGo Secures BII’s $5m Loan for EV Assembly
BasiGo has received a $5 million (KSh766.7 million) loan from British International Investment (BII) to support…
COP28: Zambia to Get First Green Bond by Year-End
Zambia’s Copperbelt Energy Corporation Plc (CEC) has announced the registration of its green bond with the…
Global Carbon Budget Shows CO2 Surge in 2023
The Global Carbon Budget report published during COP28 has shown that CO2 emissions increased this year.…