multi-donor

UK reaffirms commitment to Africa’s economic transformation

The UK is the top donor to the African Development Fund (ADF), the Bank’s concessional lending arm for its next three-year cycle, ADF-15 (2020 – 2022), a position it has held for the last three replenishments.

Siemens to buy India’s C&S Electric for $294m

Siemens has signed a deal to acquire C&S Electric, one of India’s leading providers of electric equipment for power generation, T&D and infrastructure.

IRENA, UAE sign MoU to cooperate on renewable energy

IRENA has signed a MoU with the United Arab Emirates (UAE) Ministry of Energy and Industry, to cooperate in the field of renewable energy and drive an accelerated shift to low-carbon energy sources.

IRENA and CDP partner to promote the renewables transition

IRENA has signed an agreement with Cassa Depositi e Prestiti (CDP) aimed at fostering joint initiatives to promote the transition to renewable energy in developing countries.
wind power capacity

Vietnam: Construction for 48MW near-shore wind farm commences

Climate Fund Managers has announced that construction has commenced of the 48MW near-shore wind farm in Tra Vinh province, Vietnam.

Enel Foundation unveiled as Knowledge Partner of African Utility Week &...

Enel Foundation announced its exclusive Global Knowledge Partnership with Clarion Energy’s 2020 global series of Utility Week & POWERGEN events.
SREP

Togo welcomes low-carbon power supply agreement

Globeleq, an independent power producer in sub-Saharan Africa, has signed a joint development agreement with the Togolese government to develop a utility-scale renewable energy project.

Bboxx, DRC sign MoU to bring power to 10m people by...

British firm Bboxx, has signed a MoU with the Government of the Democratic Republic of Congo to bring affordable, reliable and clean electricity to 10 million citizens by 2024.
KenGen

Global thermal technology tenders dropped 3% in 2019

Thermal technology tenders in December 2019 saw 177 tenders announced, marking a drop of 3% over the last 12-month average of 182, according to GlobalData.
ABB and Porsche

ABB and Porsche team up to drive forward e-mobility

ABB and automobile manufacturer Porsche have announced a new and exclusive partnership to jointly promote e-mobility and install fast charging stations.

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