Egypt and Djibouti sign agreement to build solar power plant
Egypt and Djibouti have signed a bilateral agreement, along with an executive contract, for the construction of a 276.5 kilowatt solar power plant in Djibouti....
Tunisia Secures €79M Deals for Solar Power Expansion
Tunisia has signed agreements with Scatec, a Norwegian company, and Aeolus, a Japanese firm, to develop 50 MW solar power plants in Sidi Bouzid and...
The EBRD invests €100 million in Green Genius, acquiring a minority stake.
The European Bank for Reconstruction and Development (EBRD) has committed €100 million (US$110.2 million) in funding to Lithuanian renewable energy developer Green Genius, supporting its...
SCZONE Chairman Advances Egypt-Netherlands Green Energy Collaboration
The Chairman of the General Authority of the Suez Canal Economic Zone (SCZONE), Mr. Waleid Gamal El-Dien, recently attended the prestigious “World Hydrogen Summit and...
Namibia Secures $138.5 Million World Bank Loan for Landmark Renewable Energy Project
Namibia has received approval for its first-ever World Bank-financed energy project, which aims to enhance the reliability of the country’s transmission network and integrate more...
Sunfarming Launches Construction of South Africa’s Largest Agri-Solar Plant
In a groundbreaking initiative, German company Sunfarming, co-financed by DEG/KfW, has commenced the construction of South Africa’s largest agri-solar plant. Spanning an area of 30,000...
Canadian Solar Triumphs with 193 MW in BESS Projects in Japan’s First Long-Term Decarbonization Power Source Aucti
Canadian Solar Inc. has won 13.3% of Japan’s inaugural Long-Term Decarbonization Power Source Auction (“LTDA”), by securing three battery energy storage system (“BESS”) projects totaling...
SMA Group Kicks Off 2024 Fiscal Year with Sales and Profitability in Line with Expectations
Sales of €361.8 million at same level as previous year (Q1 2023: €367.2 million) EBITDA of €49.9 million (Q1 2023: €60.0 million) Solid order backlog of €1.5 billion (March 31, 2023: €2.5 billion)...
Schneider Electric Explores Clean Energy Collaboration For Sustainable Development In Egypt’s South Sinai
In a meeting between Fouda and officials from Schneider Electric, led by Sebastian Reyes, the company’s president for Northeast Africa and the Arab Levant, potential...