renewable energy

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01 06 2024 | 05:19

Tech Investments are powering up clean energy

Spending on renewables is good for sustainability goals while being good PR. It’s also great for business.

01 09 2022 | 09:19

Canada Pledges ‘Aggressive’ Hydrogen Target, Clings to Fossil Option as Scholz Visit Begins

An energy pact between Canada and Germany expected to be signed this week in Newfoundland and Labrador will set aggressive timelines and targets for exporting hydrogen to Germany, Natural Resources…

27 08 2022 | 05:52

City of Chicago to buy 100% renewable power by 2025, starting with 593MW PV project

The US city of Chicago has committed to purchasing renewable energy for all City facilities and operations by 2025 and has entered into an agreement with electricity supplier Constellation for the…

22 08 2022 | 07:32

Upcoming Green Hydrogen Projects in Africa

The green hydrogen sector is still in its infancy in Africa, but with its phased expansion, the continent could reduce reliance on fossil fuels, lower carbon emissions and address long-standing…

17 08 2022 | 17:14

Masdar signs a deal to develop renewable energy with TANESCO

Masdar announced an agreement with TANESCO to develop renewable energy projects with a total capacity of up to 2GW. Abdulla Zayed, Head of Business Development and Investment at Masdar and Maharage…

17 08 2022 | 17:01

CFAO Kenya invests in OFGEN Limited to contribute to carbon neutrality

CFAO Kenya Limited a subsidiary of CFAO group (Corporation for Africa and Overseas) proceeds to invest in OFGEN Limited a leader of solar PV installation for commercial and industrial use in East…

17 08 2022 | 16:49

International Solar Alliance plans 1.15-gigawatt solar farm in Cuba

The International Solar Alliance (ISA) in partnership with the Cuban government has floated a tender for setting up a 1150 MW solar project in Cuba. State-owned NTPC NSE -2.29 % is the project…

17 08 2022 | 16:31

‘Grotesque greed’: immoral fossil fuel profits must be taxed, says UN chief

The UN secretary general, António Guterres, has described the record profits of oil and gas companies as immoral and urged governments to introduce a windfall tax, using the money to help those in…

07 08 2022 | 08:35

First electricity from Algeria’s solar plant generated by late 2023

The first electricity from Algeria’s 1GW Solar 1,000 scheme is expected to be produced at the end of 2023, the director-general of Shaems, the state-owned company overseeing the large-scale project,…

28 07 2022 | 20:50

Ncondezi Energy launches solar and BESS feasibility study in Mozambique

Ncondezi Energy Limited has provided an update on its solar photovoltaic and Battery Energy Storage System (BESS) project in Tete, Mozambique, being carried out through its wholly owned green energy…

28 07 2022 | 20:49

Global electricity demand growth expected to slow to 2.4% in 2022

Global electricity demand is expected to grow by 2.4% in 2022 after last year’s 6% increase, bringing it in line with its average growth rate over the five years prior to the Covid-19 pandemic, the…

28 07 2022 | 20:29

Revealed: oil sector’s ‘staggering’ $3bn-a-day profits for last 50 years

The oil and gas industry has delivered $2.8bn (£2.3bn) a day in pure profit for the last 50 years, a new analysis has revealed. The vast total captured by petrostates and fossil fuel companies since…

28 07 2022 | 20:28

‘We’re Not Europe’s Gas Station’, African Climate Advocate Tells EU

A leading advocate for Africa’s renewable energy transition is condemning Germany and Italy for pushing to “saddle” African countries with new fossil fuel infrastructure that will drag down their…

28 07 2022 | 20:25

Egypt’s Infinity to become Africa’s largest renewable energy company

Egypt’s Infinity Group will become Africa’s largest renewable energy company when it, along with Africa Finance Corporation, acquires Lekela Power in an undisclosed deal that is expected to close…

28 07 2022 | 20:10

Construction kicks off at 99MW UK storage site

Fotowatio Renewable Ventures (FRV) and UK developer Harmony Energy have started initial construction works at the 99MW/198 megawatt-hour Clay Tye energy storage project in Essex, south-east England…

22 07 2022 | 10:41

KENYA: Unit 6 of the Olkaria I geothermal power plant is operational

In Kenya, the energy company Kenya Electricity Generating Company (KenGen) has announced the commissioning of unit 6 of the Olkaria I geothermal power plant in the Rift Valley. The new facility…

22 07 2022 | 10:37

IVORY COAST: Aera monetises the carbon credits of the Soubré hydroelectric plant

The state-owned company Côte d'Ivoire Energies (CI-Energies) has renewed its contract with the French group Aera. The carbon credit trader has been monetising the carbon credits of the Soubré…

19 07 2022 | 08:25

‘It keeps on going’: driving the world’s first production-ready solar car

Makers of the €250,000 Lightyear 0 hope to convince drivers it can be a viable climate-friendly alternative Winding past the ochre-coloured plateaux of the Bardenas Reales natural park in northern…

13 07 2022 | 17:58

Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis

New IRENA report shows almost two-thirds of renewable power added in 2021 had lower costs than the cheapest coal-fired options in G20 countries.

12 07 2022 | 07:42

EGYPT: Elsewedy accelerates on renewable energy with $150 million credit

Egypt's Elsewedy Electric is getting a $150 million loan to develop renewable energy in Africa. This loan is granted by First Abu Dhabi Bank, Europe Arab Bank and the International Finance…