Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) launched the Africa Renewable Energy Manufacturing Initiative (AREMI) on Tuesday at Abu Dhabi Sustainability Week to drive investment and mobilise action in African countries to scale up renewable energy manufacturing capabilities.
Sustainable Energy for All (SEforALL), The African Climate Foundation, Bloomberg Philanthropies, the ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) will launch a new collaborative initiative – green manufacturing initiative to drive large-scale renewable energy manufacturing capabilities and investment in Africa.
Puma Energy has announced that from 2023 it will offer its commercial and industrial customers the chance to install solar on their sites.
Oil Minister of Libya’s Government of National Unity, Mohamed Aoun, held talks on Friday with the French Ambassador in Libya, Mustafa Maharaj, and his accompanying delegation
Renewables are exploding. Countries around the world are adding clean energy production capacity at a breakneck pace in a race against the clock to shore up energy security and beat climate change. While environmentalists and economists alike have been warning for decades that the future of the energy industry – and, indeed, the global economy – lies in renewable energies and not fossil fuels, industry and policy leaders have been slow to adapt. Until now.
The government of Georgia is launching a new support scheme for the companies implementing energy projects in Georgia and need additional incentives to develop further, the ministry of economy announced on Tuesday.
THE UPPER West Regional Minister, Dr. Hafiz Bin Salih, has said the completion of the Kaleo Solar Power Plant will help transform the region into a hub of economic activities to create jobs, improve livelihoods and alleviate poverty.
President Akufo-Addo has assured the global community of Ghana’s full commitment to increasing the country’s share of renewable energy in the energy mix.
Renewable energy stocks are having a hard time, even in the middle of Europe’s energy crisis. It seems that the sector needs central banks to take their foot off the gas in hiking interest rates, but it may have to wait a little longer.
High spot electricity prices, particularly in Europe, are changing the utility wind and solar investment narrative as potential payback periods of under a year could start a race to develop renewable assets purely based on project economics, Rystad Energy research shows. Capital investments in renewables have also increased significantly and are set to reach $494 billion in 2022, outstripping upstream oil and gas at $446 billion for the year, according to Rystad Energy research. This is the first time that investment in renewables is set to be higher than for oil and gas.