The NTPC Green Energy IPO has drawn attention from investors as it prepares to debut on November 27, 2024. The public offering raised ₹10,000 crore, marking a milestone in India’s renewable energy sector. Investors are particularly attracted to its focus on sustainable energy, reflecting the growing demand for climate-friendly investments. The IPO, open for subscription…
The European Union (EU) and South Africa have teamed up to grow the country’s green hydrogen industry, taking a big step toward renewable energy and cutting down on fossil fuel use. The EU is contributing €32 million (about R628 million) to help South Africa build its green hydrogen value chain, a key part of producing…
At the ongoing COP29 climate conference in Baku, Azerbaijan, Kenya has made strong efforts to push for renewable energy and financial reforms to fight climate change. Led by Prime Cabinet Secretary Musalia Mudavadi and Environment Cabinet Secretary Aden Duale, the Kenyan delegation is advocating for a fairer climate finance system that supports developing countries. They…
The South African Energy Ministry is pushing for more local content in renewable energy projects following a major R17 billion ($1 billion) investment in the sector. This investment, part of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP), aims to increase South Africa’s energy capacity and move away from fossil fuels. The focus on…
The European Union (EU) recently committed €32 million (about R628 million) to help South Africa develop its green hydrogen industry. The funding comes through two grants aimed at boosting the country’s renewable energy potential, focusing on wind and solar power. The support is part of the EU’s Global Gateway strategy, which aims to drive sustainable…
BLUETTI, a global leader in clean energy storage solutions, has recently partnered with the United Nations Human Settlements Programme (UN-Habitat) to promote clean energy and sustainable development across Africa. The collaboration was announced at the 12th World Urban Forum (WUF12) held in Cairo from November 4 to 8, 2024. The forum’s theme, “It All Starts…
Sugar cane is emerging as an important crop in the shift to cleaner energy sources. As the world tackles climate change and the urgent need for sustainable practices, sugar cane shows promise for producing biofuels, especially ethanol. However, using sugar cane as a dual-purpose crop raises environmental and social concerns that need to be addressed…
Afstor Oy, a company focused on renewable energy, is making big moves to tackle energy poverty in sub-Saharan Africa. With over 840 million people in the region lacking electricity, Afstor’s solar home systems are designed to bring clean energy for cooking, lighting, and running small appliances. This effort comes at a time when finding sustainable…
West Africa is at a turning point in its energy journey, facing big challenges but also plenty of opportunities. With a population of over 400 million and a growing economy, the demand for energy is rising fast. Right now, only about 42% of people have access to electricity, and the existing infrastructure can only meet…
Nigeria is facing serious energy challenges, including widespread energy poverty and a heavy reliance on fossil fuels. The country has long dealt with frequent power outages and an underdeveloped grid infrastructure, leaving many communities without reliable electricity. To tackle these issues, Konexa, a UK-based energy development and investment platform, has secured $18 million to establish…
