Despite attracting billions of dollars in renewable energy investments since 2015, Nigeria still struggles to provide…
Tag: renewable energy sector
Renewable Energy Insurance Costs Soar Amid Climate-Driven Risks
Renewable energy policyholders face steep insurance premium hikes of 20% to 40% compared to last year…
Madbouly Advances Renewable Energy Agenda with New Land Allocations
Egypt’s Prime Minister, Mostafa Madbouly, recently met with Nasser Fawzy, the director of the National Center for Planning…
Gensol Wins AED 81.6M Solar Deal in UAE
Gensol Engineering Limited, an Indian sustainable energy company, has secured an AED 81.6 million contract in…
SolaX Power Invests $1.5 Billion to Propel Energy Storage Innovation
SolaX Power, a leader in energy storage, has announced a $1.498 billion investment to build a…
Photon Energy Hits 100 Solar Plants with New 7.5 MWp Facility in Romania
Photon Energy has completed a 7.5 MWp photovoltaic plant near Făget in Timiș County, Romania, increasing…
Chile’s Subsidy Hike Threatens Renewable Energy Investments, I-REC Market
Chile’s government introduced a bill to triple its electricity subsidy, raising concerns about its impact on…
Econergy Secures €32M for Yorkshire B.E.S.S Project
Econergy Group has announced a significant financial agreement for its Swangate Battery Energy Storage System (BESS)…
AfDB Invests $10 Million in African Climate Fund.
The African Development Bank Group (AfDB) approved a $10 million junior equity investment in the KawiSafi…
World Bank Funds Liberia’s Renewable Energy Expansion
The World Bank Group approved a $45 million disbursement for Liberia’s Renewable Energy Solar Power Intervention…