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EDF takes stake in Africa solar homes start-up

EDF has become a shareholder in Bboxx Kenya to provide access to clean, reliable and affordable energy to over two million Kenyans with Bboxx’s solar home systems by 2025. EDF has taken a 23% stake in Bboxx Kenya and will bring its commercial resources and its experience from developing off-grid solutions in several African countries. […]

Construction of 5 solar parks underway across Iran -EQ

Global renewable power capacity to rise by 50% in five years-IEA

Global renewable energy capacity is set to rise by 50% in five years’ time, driven by solar photovoltaic (PV) installations on homes, buildings and industry, according to the International Energy Agency (IEA). Total renewable-based power capacity will rise by 1.2 terawatts (TW) by 2024 from 2.5 TW last year, equivalent to the total installed current […]

New Zealand Commits $25 Million for ADB’s Energy Transition Mechanism – EQ

Germany needs to ease rules to hit 2030 renewables target

Germany needs to ease restrictions on the location and size of solar power plants and wind turbines and increase incentives if the country is to meet a target demanding it double renewable energy capacity by 2030, energy companies said on Tuesday. Germany has set a target of generating 65% of its power from renewable sources […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ