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…
Mozambique Eyes Africa’s Hydropower Crown with $5 Billion Energy Overhaul
Mozambique aims to position itself as Africa’s biggest hydropower producer. The country has rich hydropower, wind,…
Toyota Signs Renewable Energy Investment Deal with Kenya
Toyota Tsusho Corporation has signed an agreement with the Republic of Kenya to collaborate on renewables…
Swire Acquires Obelisk Energy in South Africa, Ireland
Swire Renewable Energy A/S, a renewable energy maintenance and services company owned by the Swire Group,…
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…
Google Signs Offshore Wind Projects Agreement in the Netherlands
Google said today that it has signed its largest power purchase agreement (PPA) with offshore wind…
Renewable Energy: Urgent Action Necessary for 2030 Targets
The International Energy Agency (IEA) reported a 50 per cent increase in new renewable energy capacity…