The International Finance Corporation (IFC) invests $20 million in the Africa50 Sustainable Infrastructure Acceleration Fund (IAF).…
Tag: Renewable Energy
Egypt and BRICS Collaborate on Electricity and Renewable Energy
Mohamed Shaker, the Minister of Electricity and Renewable Energy and Vladimir Kazbekov, the Deputy Head of…
Eranove Secures a Two-year Contract to Manage SBEE in Benin
Paris-based Eranove secures a two-year contract to manage Société béninoise d’énergie électrique (SBEE) in Benin. The…
IFC Invests $80m in African Renewable Energy Boost
The International Finance Corporation (IFC) commits $80 million to boost the Facility for Energy Inclusion (FEI)…
Financing Clean Energy Projects: Opportunities and Challenges and Opportunities in Africa
Despite having one-fifth of the world’s population, Africa currently accounts for only 3% of global energy…
EIB, BPCE Sign €300m Deal for SMEs’ Green Transition in France and Europe
The European Investment Bank (EIB) has signed a €300 million financial agreement with Groupe BPCE, a…
Petrobras Shifts Focus to Local Greenfield Projects
Petrobras, the state-run Brazilian oil firm, has announced that it would not invest in foreign wind…
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…
Statkraft Set to Upgrade its Domestic Hydro and Wind Power Facilities
Statkraft, Norway’s renewable power producer, said it plans to invest up to 6 billion euros ($6.56…
Germany Approves 1.2GW Offshore Gird Connection Projects
German maritime authority, Bundesamt für Seeschifffahrt und Hydrographie (BSH), has approved two offshore grid connection projects…