BlackRock Invests $400m in Positive Zero for Gulf Countries’ Energy Transition

Positive Zero, a Dubai-based decarbonisation firm, secured a significant investment of up to $400 million from…

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…

Credit Agricole to Halt New Fossil Fuel Project Financing

Today, France’s second-largest listed bank, Credit Agricole, said it would stop financing new fossil fuel extraction…

NIGERIA’S MEASURES TO PROTECT CONSUMERS FROM RISING ENERGY PRICES

Subsidies have been a primary tool the Nigerian government employs to mitigate the impact of rising…

COP28: Countries Agree to Reduce Fossil Fuel Dependency

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

Ørsted Solar Energy to Power Meta Data Centre

Meta has announced its Mesa data centre will soon be powered by new solar energy from…

ECN Collaborates with GWEC to Develop Wind Energy in Nigeria

The Energy Commission of Nigeria (ECN) has signed an agreement with the Global Wind Energy Council…

AfDB: Africa’s Hydropower Plant Set for Upgrades

Bank officials of the African Development Bank (AfDB) have announced that the bank is drawing up…

UAE Banks Commit $200bn to Green Finance in Dubai

In a significant move at an event in Dubai dedicated to finance, banks in the United…

COP28: Masdar Produces 20GW of Clean Energy

The Abu Dhabi Future Energy Company, Masdar, announced that it has doubled its renewable energy capacity…