World Bank backs Morocco hydropower storage with $265m
RABAT, MOROCCO / MENA Newswire / – The World Bank has approved $265 million to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a 300-megawatt clean...
Tag : solar power
Exus Renewables to buy 60% stake in Masdar Portugal wind
ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind...
IRENA urges faster renewable growth to meet 2030 energy goals
Global renewable capacity surged to 4,448 GW in 2024, with solar and wind leading 96.6% of additions, says IRENA....
IEA forecasts rapid growth in global power consumption through 2027
Global electricity demand is projected to rise nearly 4% annually through 2027, driven by industrial expansion, transport electrification, and rapid data center growth....
India to fully power Andaman and Nicobar Islands with renewable energy
India’s Andaman, Nicobar, and Lakshadweep islands will run entirely on renewable energy, as announced by Home Minister Amit Shah to promote sustainability and clean energy...
Germany shifts from electricity exporter to importer in 2024
In 2024, Germany shifted from a net electricity exporter to importer, driven by rising demand, fossil fuel reductions, and nuclear phase-out, highlighting energy transition challenges....
Solar power steps up as Europe battles heatwave and energy crises
As record-breaking temperatures sweep across Europe, triggering unprecedented demand for air conditioning, solar power is proving a key ally in staving off energy shortages. The...