Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…
Search Results for: renewable energy
EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
OPEC Funds 55 Renewable Energy Projects with $1.7bn in Africa, Others
Several renewable energy projects in Africa have benefitted from the $1.7 billion financing from the Organization…
Germany Boosts Hydrogen Power in Renewable Energy Push
Germany’s ruling coalition plans to subsidise hydrogen power plants to address renewable energy push. A tender…
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Puma Energy Acquires 49% Stake in Renewable Energy Firm
Puma Energy has acquired a 49 per cent stake in MBHE Group, a renewable energy solutions provider across Southern Africa and the continent.…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Germany’s Renewable Energy Surge: 55% in 2023
Germany’s energy regulator reported that renewable energy accounted for 55% of electricity on national networks in…
World Bank Approves $750m for Renewable Energy Project in Nigeria
The World Bank announced on Friday that it has approved the Nigeria Distributed Access through Renewable…