The European Investment Bank. the world’s largest multilateral bank and leading global financier of renewable energy, will strengthen support for green hydrogen investment in Kenya.
Category: Solar & Wind
Brief Look at Renewable Energy Projects in Ghana
To construct, transfer or acquire a renewable energy project, an investor or owner would require approval from the Energy Commission. Prior to constructing a renewable energy project, investors would have to put in an application for the requisite licence required for the renewable energy project in question.
AMEA Power Completes $1.1 Billion Deal to Deploy 1GW of Wind and Solar Energy in Egypt
Dubai, United Arab Emirates//-AMEA Power, one of the fastest growing renewable energy companies in the Middle East, announced that it has achieved the financial close to deliver 1GW of renewable energy projects in Egypt.
Global Energy Crisis Highlights the Need for a Massive Surge in Clean Energy Investment
The global energy crisis is fuelling fierce debate around the world over which new energy projects should or shouldn’t go ahead.
MENA Region Can Lead Global Steel Decarbonisation with Investment in Green Hydrogen, Renewable Energy
As the global steel industry eyes switching to direct reduced iron (DRI) production and using green hydrogen to reduce emissions, the Middle East and North Africa (MENA) region is in a prime position to start producing carbon-neutral or green steel, finds a new report from the Institute for Energy Economics and Financial Analysis.
Wits Business School Signs Pact with African Energy Chamber to Advance Growth in Energy Sector
Johannesburg, South Africa// — Wits Business School’s African Energy Leadership Centre (AELC) has signed a three-year agreement with the African Energy Chamber (AEC) (https://EnergyChamber.org/) with the aim of advancing the growth and development of the energy sector in Africa, as well as championing access to power for all Africans in a bid to make energy […]
Ghana: Akufo-Addo Commissions 13MW Kaleo Solar Power Project
President Nana Addo Dankwa Akufo-Addo, has commissioned the Volta River Authority’s thirteen megawatt (13MW) Solar Power Project, a project whose sod he cut in February 2020. This is further testament to the fact that what President Akufo-Addo promises, he delivers.
Ramaphosa Acts to Ease South Africa’s Energy Crisis
South Africa is likely to see more renewably sourced energy come onto the grid more quickly. GettyImages Wikus Kruger, University of Cape Town South Africa’s President Cyril Ramaphosa recently announced an action plan to address the country’s growing energy crisis. It included relaxing the legislative and environmental requirements to speed up private investment and increase […]
New Report: Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
Abu Dhabi, UAE// – Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.
Benin: Access to Reliable, Affordable Off-grid Energy to be Transformed Under New Initiative
Households, smallholders and entrepreneurs in remote locations across Benin will be able to access reliable and cheap electricity for the first time under a new off-grid solar scheme agreed between leading solar energy company ENGIE Energy Access and the European Investment Bank, one of the world’s largest financiers of renewable energy.