Danish wind turbine manufacturer Vestas, the global leader in the sector, announced on Wednesday that its…
Tag: investments
Iberdrola Profit Surges in First Half of 2024 Driven by Asset Sales
Spanish renewable energy giant Iberdrola reported a 64% year-on-year surge in profit for the first half…
Microsoft Scales Back Nigerian Presence, Shifts Focus to Kenya
Following a significant reduction of its Nigerian workforce, Microsoft is downsizing its office space at the…
Zimbabwe Secures $310 Million Investment to Boost Lithium Production
Zimbabwe holds the distinction of being Africa’s foremost producer of lithium. While other nations like Mali…
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…
Maximizing the Potential of Green Hydrogen Collaboration Between Scotland and Germany – A report
The UK-based Net Zero Technology Centre (NZTC) and cruh21 have unveiled a report designed to maximize…
Egyptian GV Investments and Chinese FAW Partner in Electric Vehicle Sector
Chinese automaker First Automobile Works (FAW) has entered into a partnership agreement with Egyptian group GV…
Australia : EDP boosts investment with 1.3 GW of offshore wind capacity awarded to Ocean Winds
The Australian Government granted a license to Ocean Winds, a joint venture between EDP Renewables and…
From Congo to Angola through Nigeria, TotalEnergies expands its presence in Africa
In 2024, the French group will invest over $600 million in Congo while kicking off a…
Japan’s Leading Power Company Makes Significant Investment in Hydrogen Fuel Supply
By 2035, the energy giant plans to invest more than $6 billion in hydrogen (H2) initiatives.…
Redwood Materials Collaborates with Ultium Cells to Recycle GM’s Electric Vehicle Battery Scrap
Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will recycle production…
TotalEnergies and Petrobras Expand Oil Fields in Brazil for Increased Production
Oil giants TotalEnergies and Petrobras have decided to extend two oil fields in Brazil, TotalEnergies announced…