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UAE’s ADFD finances 90 renewable energy projects worth $1.3bln over a decade

Projects benefited 65 countries by supporting their economies and improving the quality of life ABU DHABI : Abu Dhabi Fund for Development (ADFD) has been supporting the country’s effort towards driving energy transition at home and around the world by financing innovative renewable-energy projects. These initiatives have had powerful impact on the economies and the […]

ACWA Power leads South Africa’s largest Renewable Energy Project Redstone CSP to Financial Close

Climate change: Africa’s green energy transition ‘unlikely’ this decade

Fossil fuels are set to remain the dominant source of electricity across Africa over the next decade, according to a new study. Researchers found that around 2,500 power plants are planned, enough to double electricity production by 2030.But the authors say that less than 10% of the new power generated will come from wind or solar.The authors […]

ACWA Power leads South Africa’s largest Renewable Energy Project Redstone CSP to Financial Close

Energy Storage Market To See Explosive Growth This Decade

Solar, wind, and other renewable energy sources are set for spectacular growth in the coming years and decades as governments race to net zero. It was only a matter of time before energy storage strutted on stage, and according to Wood Mackenzie, it is going to be no less spectacular than renewables. The global energy […]

Solar-Plus-Storage Projects Win 258 MW of Capacity in Germany’s Latest Renewable Energy Auction