British Drax to Launch Carbon Removal Business

Drax, the British power plant operator, plans to establish an independent business focused on becoming the…

IFC Invests $20m in Africa50 for Sustainable Infrastructure

The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…

UAE Supports AMEA Power’s Expansion into Mozambique

Dubai International Chamber has contributed to expanding UAE-based renewable energy firm AMEA Power into Africa through…

Eranove Secures a Two-year Contract to Manage SBEE in Benin

Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…

EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe

The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…

IFC Announces $30m Equity Investment in Africa Infrastructure Investment Fund

The International Finance Corporation (IFC) announced a $30 million equity investment in the Africa Infrastructure Investment…

Libya Discusses Gas Pipeline Proposal from Nigeria to Europe

Libya’s Prime Minister, Abdul Hamid Dbeibah, discussed the possibility of establishing a gas pipeline from Nigeria…

ACWA Power Signs PPA for Solar, BESS in South Africa

Saudi-based independent power producer (IPP), ACWA Power, has signed a power purchase agreement (PPA) with government…

Arise Wind Farm Acquires 70% Share in Ukrainian Fenik Repower

Arise AB, a Swedish onshore wind farm developer, said it has acquired a 70 per cent…

COP28: Countries Agree to Reduce Fossil Fuel Dependency

At COP28, representatives from almost 200 countries agreed on reducing global fossil fuel consumption to combat…