In addition to boosting mineral exports, the Beira Corridor, a strategic trade route in Africa, will…
Month: May 2024
Middle East Energy Revolution: Solar and Wind Power to Dominate by 2040
The Middle East’s energy landscape is undergoing a significant transformation, with renewable sources like solar and…
Astronergy Boosts Solar Production Capacity with 5GW TOPCon Module Expansion
Astronergy celebrates a major milestone in expanding its TOPCon production capabilities. The company has successfully installed…
Renewable Energy Conference: Energyear Eastern Europe 2024 Kicks Off in Bucharest with 200+ Participants
Bucharest is set to become the epicenter of renewable energy discussions as it hosts the first-ever…
Clean Energy Ventures Raised $305M Fund, Bucking Pandemic Investment Trends
Climate tech, like many sectors, faced early-decade hype that tempted both founders and VCs with easy…
Neoen Stock Surges 20% on Brookfield Acquisition News
Shares of French renewable energy provider Neoen surged over 20% in early trading on the Paris…
EDF Acquires GE’s Nuclear Power Division, Bolstering French Nuclear Expertise
French President Emmanuel Macron announced on Friday the successful completion of EDF’s acquisition of General Electric’s…
Africa: Over $50 Billion Invested by AfDB in Infrastructure Over 9 Years
In one of his final addresses as the President of the African Development Bank (AfDB), Akinwumi…
New Al-Zour Refinery Boosts Kuwait’s Refining Capacity to Record Levels
With three distinct component units, the expansive Al-Zour refinery emerges as a cornerstone of the Middle…
Brookfield Acquires Majority Stake in Neoen, Aims for Full Takeover
The Canadian asset manager Brookfield has entered exclusive negotiations with the shareholders of the French renewable…
Marrakech : GITEX Africa, the Continent’s Premier Tech Event, Begins
Despite the sweltering 27-degree heat in Marrakesh, thousands of attendees in sophisticated attire flooded Boulevard Al…
Glencore CEO Reiterates Support for Coal at Annual General Meeting
The CEO of Swiss commodity titan Glencore has once again staunchly defended the company’s involvement in…