Iberdrola Reaches 5 Million MWh Of Clean Power Sold In Italy After Signing Five New Long-Term Renewable Energy Agreements

Representational image. Credit: Canva Iberdrola has surpassed 5 million megawatt hours of clean electricity sold in Italy through long-term power purchase agreements, following the signing of five new contracts with…

CERC Reinstates Connectivity For 196.8 MW Hybrid Renewable Energy Project In Madhya Pradesh

Representational image. Credit: Canva The Central Electricity Regulatory Commission has ruled in favor of VEH Jayin Renewables Private Limited, allowing the company to restore connectivity approval for its hybrid renewable…

Mubadala Acquires Minority Stake In Renewable Energy Software Firm Power Factors

Two professionals shake hands in agreement on renewable energy collaboration. Mubadala Investment Company, the sovereign investment arm of Abu Dhabi, has announced the acquisition of a minority stake in Power…

Asian Development Bank And Japan Launch New Initiative To Help Asia-Pacific Economies Tackle Energy Price Pressures And Strengthen Long-Term Resilience

Representational image. Credit: Canva The Asian Development Bank and Japan have launched a new joint initiative aimed at helping countries and businesses across Asia and the Pacific cope with rising…

Democratic Republic of Congo Seeks Stake In $270 Million Zambia Power Interconnector Project

Representational image. Credit: Canva The Democratic Republic of Congo (DRC) is taking important steps to secure a financial stake in the Kalumbila-Kolwezi Interconnector Project, a major cross-border energy initiative with…

EBRD And EU Provide JOD 10 Million Loan To Expand Jordan’s Largest Carrier-Neutral Data Centre And Boost Regional Digital Connectivity

The European Bank for Reconstruction and Development, supported by the European Union, is providing a JOD 10 million (US$ 14.1 million) loan to Aqaba Digital Hub as part of an…

Zambia And SunShare Energy Sign US$246 Million Deal To Expand Nambala Solar PV Plant

Representational image. Credit: Canva The Zambian government and SunShare Energy have signed a major agreement worth US$246 million to expand the Nambala Solar PV plant by an additional 200 MW.…

Asian Development Bank Unveils $50 Billion Plan To Build Cross-Border Power Grids Across Asia And The Pacific By 2035

Representational image. Credit: Canva The Asian Development Bank has announced a plan to mobilize $50 billion by 2035 to help countries in Asia and the Pacific build cross-border power grids.…

São Tomé And Príncipe Secures Major Funding Push For Renewable Energy Transition

Representational image. Credit: Canva The government of São Tomé and Príncipe has secured major international funding support to accelerate its transition toward renewable energy and reduce its dependence on imported…

EBRD And Acba Bank Sign €50 Million Risk-Sharing Deal In London To Boost Financing For Armenian Businesses

The European Bank for Reconstruction and Development has signed a €50 million unfunded portfolio risk-sharing agreement with Acba bank to improve access to finance for companies in Armenia. Through this…