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