The European Investment Bank (EIB) approved EUR 1.6 billion (USD 1.72bn) for renewable energy and electricity…
Search Results for: transition to renewable power
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…
Egypt Secures $100m Loan from EBRD for Green Transition
Egypt is leading in the European Bank for Reconstruction and Development’s (EBRD) 2023 investments in the southern and…
Nigeria’s Power Grid Collapsed 46 Times in Six Years – IEA
A report by the International Energy Agency (IEA) said yesterday that Nigeria’s national power grid collapsed…
OPEC Pushes for More Investment in Oil Despite Global Renewable Shift
The Organisation of the Petroleum Exporting Countries (OPEC) is seeking more investment in oil despite the…
World Bank Grants Iberdrola €300m to Develop Renewable Projects
The World Bank’s private sector investment arm, the International Finance Corporation (IFC), has granted Iberdrola, a…
Sterling Powers its Headquarters with Solar Energy
Yesterday, Sterling Bank announced that the iconic Sterling Towers in Lagos now operate on an advanced…
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…
Morocco Unveils Bidders for a 400MW Solar Power Project
The Moroccan Agency for Sustainable Energy (Masen) has announced eight pre-qualified bidding companies and consortia in…