renewable energy
Trump administration cancels $679m funding for offshore wind projects
The administration of United States President Donald Trump has moved to cancel $679m in federal funding for offshore wind projects, in its latest salvo against renewable energy. The move on Friday is set to affect 12 offshore projects, including a $427m project in California, as Trump pushes to deregulate and re-prioritise fossil fuels. In a […]
Japan opens 1st osmotic power plant, signals new era
Japan has recently inaugurated its first osmotic power plant in the city of Fukuoka, marking a significant milestone in the country’s pursuit of renewable energy. This innovative plant, only the second of its kind in the world, is expected to generate approximately 880,000 kilowatt hours of electricity annually, sufficient to power a desalination plant that […]
Africa50’s AGIA-PD fund reaches $118m in first close
In a major milestone for Africa’s infrastructure development, the Alliance for Green Infrastructure in Africa’s Project Development Fund (AGIA-PD), managed by pan-African investment platform Africa50, has successfully achieved its first close with $118 million. The announcement was made at the Africa50 General Shareholders Meeting in Maputo, Mozambique, and marks a significant leap forward in mobilizing […]
NCC, REA Team Up to Power Telecom with Renewables
The Nigerian Communications Commission (NCC) and the Rural Electrification Agency (REA) have inaugurated a Joint Collaboration Committee to fast-track the deployment of renewable energy for telecom infrastructure across the country. The inauguration, which took place at the NCC Headquarters in Abuja, marks a significant alignment between Nigeria’s digital transformation goals and its clean energy agenda. […]