EU-Egypt investment mechanism to mobilise €5b by ’27 – Sannino
The EU-Egypt Investment Guarantee Mechanism for Development expected to mobilise up to €5 billion in public and…
Browsing Tag
clean energy transition
Egypt signs financial closure for 1 GW solar, battery storage project with Scatec, NBE,…
Egypt on Sunday signed a financial closure agreement for the Obelisk project, a 1-gigawatt solar power plant with…
EU renewable energy hits 46% of electricity in Q1 ’24
The European Union (EU) made significant strides in its clean energy transition during the first quarter of 2024,…
APAC executives propose currency-linked climate bonds
The Asia–Pacific (APAC) business executives are urging emerging economies to issue climate bonds indexed to a…
UK to launch Great British Energy for clean transition
The United Kingdom (UK) will establish a new publicly owned power company, Great British Energy, headquartered in…
Germany’s power grids need €300b for decarbonisation – KfW
Germany needs approximately 300 billion euros ($325 billion) in investments by mid-century to modernise its power…
Half of poorest countries falling behind despite advantages – World Bank
Half of the world's 75 most vulnerable countries are falling behind wealthy nations in income growth, a new World…
Siemens Energy invests $150mln in new US transformer plant
Siemens Energy announced that it will put $150 million into a new power transformer factory in the U.S., the…
12-year-old Indian climate activist storms the stage of COP28
The 12-year-old climate activist, Licypriya Kangujam, interrupted a speech on Monday during a COP28 , by holding a…
AfDB provides $1 bln loan to South Africa’s energy transition
The African Development Bank (AFDB) Group’s Board has agreed on Saturday to a $1 billion guarantee programme with…
AfDB 2023