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Hydropower Plant
TANZANIA: Dodoma Approves $140m for the Malagarasi Hydropower Plant
The Tanzanian government has just approved $140 million in funding for the construction of the 50 MW Malagarasi hydroelectric power station.
Hydropower Plant
Tanzania Secures Funding for 50MW Hydropower Project
The African Development Bank will loan the government of Tanzania $140 million to finance the construction of the 50MW Malagarasi hydropower plant.
Energy Transition
Greece Eyes Green Energy Shift with $21 billion in Projects
Greece’s plan for using European Union funds to combat the effects of the coronavirus pandemic will accelerate the nation’s transition from fossil fuels to a …
Oil Refinery
UK Government Funds Hydrogen Power at Refineries
The UK government is subsidising a shift towards hydrogen-powered operations at two of the country's oil refineries, with £7.7mn in environmental grants.
Coal-Fired Power Plants
G7 Countries Agree to Stop International Funding for Coal-Fired Power
Coal is considered unabated when it is burned for power or heat without using technology to capture the resulting emissions, a system not yet widely used in pow…
Hydrogen Project
Hyundai Committed to Building US Hydrogen Ecosystem
Hyundai Motor Group has reaffirmed its commitment to hydrogen today (May 13) by stating that it will invest $7.4bn in the US by 2025 with some of the funds look…
Solar Power Plant
NAMIBIA: Mergence Becomes Majority Shareholder in Ejuva Solar Power Plants
Mergence Unlisted Investment Managers Namibia, the subsidiary of fund manager Mergence Investment Managers, has become a majority shareholder in the Ejuva solar…
Hydrogen Project
Australian Gas Suppliers Step Closer to Hydrogen Blending in the Networks
Two projects have been awarded almost Au$61 million in development funding towards hydrogen blending.
Solar Power Plant
Total Eren Flush for 100MW Uzbekistan Solar
A subsidiary of Total Eren is to receive almost €88m in funding for a 100MW solar farm in Uzbekistan from the European Bank for Reconstruction and Development.…
Energy Investment
The OPEC Fund to Support Renewable Energy Projects in Nepal
The loan represents the OPEC Fund's first financial institution transaction in the country.
Major Chinese Investors Could Buy Stake In Aramco
Major Chinese investors, including the sovereign wealth fund China Investment Corporation and Chinese national oil companies, are the ones looking to buy a stak…
Energy Storage Project
SEACEF Invests in 500MW Floating Solar + Storage in Vietnam
Clime Capital, a Singapore-based investment management company that manages funds from SEACEF, announced that it has invested in an innovative floating solar an…
Natural Gas
Shifting Senegal’s Electricity Generation from Heavy Fuel to Gas
The Mauritius Commercial Bank has provided $60 million funding to fuel Senegal’s national electrification and gas use ambitions.
Hydrogen Production
Hamburg Hydrogen Initiative Unveils 100MW Electrolyser Plan
Application to the EU IPCEI funding programme spans nine projects involving Airbus, ArcelorMittal and others
Microgrid
Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria
Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…
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