Renewable energy initiatives reached unprecedented levels in 2023, ushering in a new era of sustainable development.…
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EIB Funds Renewable Energy Worldwide
The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
ERG SpA Approved for US Renewable Portfolio
Italian independent power producer ERG SpA received approval from the European Commission (EC) to acquire a…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
Schneider Electric to Optimise Energy Capacity for Efficient Power Management
Schneider Electric, a global leader in energy management and automation, has announced plans to optimise energy…
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…
Europe’s Wind Power Tops Gas; Emissions Dive
In a landmark development, wind power surpassed gas plants in Europe last year as fossil fuel…
CIF Endorses $70m for Renewable Energy in Kenya
The Climate Investment Funds (CIF) has endorsed a $70 million plan, with an initial allocation of…
Egypt Seeks Power Link to Export Electricity to Europe
Egyptian Minister of Electricity and Renewable Energy, Mohamed Shaker, said Egypt is seeking to establish power…
PFO Africa Secures 52MW Solar Power Plant in Ivory Coast
Abidjan-based PFO Africa is expanding into energy with a new concession agreement with the Ivorian government.…