AFD Invests €4 Billion to Support South Africa’s Shift to Renewable Energy

The Agence Française de Développement (AFD) has reaffirmed its commitment to supporting South Africa’s energy transition…

EBRD Considers Debt Finance for 1.1 GW Suez Wind Energy

The European Bank for Reconstruction and Development (EBRD) is considering senior debt financing of up to…

Eku Energy Secures Funding for Canberra’s 250 MW Storage Hub

Eku Energy has secured financing for its 250 MW/500 MWh Williamsdale Battery Energy Storage System (BESS)…

Adnoc to Boost Germany’s Energy with 15-Year LNG Deal

Abu Dhabi National Oil Company (Adnoc) signed a 15-year liquefied natural gas (LNG) supply agreement with…

Philippines and Saudi Arabia to Implement New Energy Cooperation Initiatives

The Department of Energy (DOE) of the Philippines and the Ministry of Energy of Saudi Arabia…

ADNOC MD Rallies Energy Industry to Lead Sustainable Socioeconomic Growth

Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director…

South Africa’s Energy Transition Faces Challenges Amid Eskom’s Proposed Tariff Hikes

South Africa is lagging in its efforts to transition to a carbon-neutral energy system by 2050,…

Renewable Energy Reach 52% of UK Electricity Mix in Q2 2023

New government data reveals that renewable sources accounted for 51.6% of the UK’s electricity generation between…

Formula 1 Teams Up with Aggreko for Low-Carbon Energy Solution

Formula 1 has announced a landmark multi-year partnership with Aggreko, a leader in low-carbon energy solutions,…

New Development Bank Approves $2.3bn in Loans for Renewable Energy Projects

The New Development Bank (NDB) has approved $2.3 billion (R41bn) for 10 renewable energy projects covering…