Why are Investors Divesting from Fossil Fuels?

  Fossil fuels are non-renewable energy fuels formed from the anaerobic decomposition of organic matter over…

EIB Releases Report on Scaling Off-Grid Solar in Africa

The EIB and ISA have released a report that tackles challenges with off-grid solar financing. The…

GHANA: AfDB, KOAFEC Fund Database System for Ghana’s PURC

AfDB, KOAFEC funds database for Ghana’s PURC The database aims to improve the operations of the…

SEFA Approves Record Number of Transactions in 2020, Secures $90 Million in New Funding

The Sustainable Energy Fund for Africa (SEFA) approved seven high-impact projects worth $54 million in 2020,…

Wärtsilä to Develop 100% Hydrogen Engine and Power plant Concept by 2025

Wärtsilä pioneering significant test programme for pure hydrogen engines to enable fully decarbonised energy systems The technology…

GCF Approves $170.9m in Co-Financing for AfDB’s LEAF Programme

  The GCF has approved $170m in financing for AfDB’sLEAF programme. The programme aims to strengthen…

Shell Begins Operations at 10MW Electrolyser in Germany

  Shell has started operations of a 10MW electrolyser in Germany. The electrolyser will produce 1,300…

MUFG Secures $163m Financing for 300 MW Solar Project in India

  MUFG has closed financing for a 300MW solar plant in India. Azure Power will develop…

UNITED KINGDOM: UK Reduces Ban on Coal Deadline From 2025 to 2024

The UK reduces coal ban deadline by one year To begin phasing out coal-fired plants ahead…

ZIMBABWE: Consumers Seek Government Intervention on Power Outages

Consumers seek government support on persistent outages EMCOZ laments outages and its impact on businesses Zimbabwe…