ACWA Power Secures $2.58bn for 5,500MW Solar Expansion in Saudi

ACWA Power secured SR9.7 billion ($2.58 billion) in financing to develop three large-scale solar projects in…

NDB Invests $2.3 Billion in Renewable Energy Projects

The New Development Bank (NDB) committed $2.3 billion (R41 billion) to ten renewable energy projects. These…

Chinese Consortium to Build 100MW Solar Plant in Botswana

Sinotswana Green Energy, a Chinese consortium, will build a 100-megawatt (MW) solar power plant in Jwaneng,…

Lightsource bp and Contact Energy Secure Financing for Solar Project

Lightsource bp and joint venture (JV) partner Contact Energy have secured a financing package worth NZ$267m ($160m) for…

EBRD to Finance 120 MW of Solar in Tunisia

The European Bank for Reconstruction and Development (EBRD) has approved a €12.5 million ($13.7 million) loan…

Cyril Ramaphosa Signs Climate Change Act Into Law in South Africa

South Africa’s President Cyril Ramaphosa has signed a landmark climate change act into law, marking a…

World Bank Supports Botswana Renewable Energy

The World Bank’s Board of Directors approved its first lending operation supporting the Botswana Renewable Energy Support and Access…

World Bank Approves $1.5 Billion for India’s Energy Expansion

The World Bank approved $1.5 billion to accelerate India’s low-carbon energy expansion. This funding, part of…

EU Approves €3 Billion for German Hydrogen Infrastructure

The European Commission has approved approximately 3 billion euros ($3.2 billion) in state aid from Germany…

TenneT Relaxes Sale of German Grid Operations

TenneT, a Dutch state-owned grid company, said it had ended talks to sell its German business…