Zambia launches a $200 million green bond program led by CEC Renewables. South African Bank, ABSA, and the EAIF subscribe to the initial $54 million tranche at COP28 in Dubai. Zambia enters the green bond market with a $200 million program led by Copperbelt Energy Corporation Renewables (CECR), a subsidiary of

2021-06-02. The Honourable Seamus O''Regan Jr., Minister of Natural Resources, today launched a $964-million program to support smart renewable energy and grid modernization projects that will lower emissions by investing in clean energy technologies, like wind, solar, storage, hydro, geothermal and tidal.

Sweden''s development agency will finance a 20 million-euro ($22-million) fund to develop clean energy in Zambia through 2018. The Vienna-based Renewable Energy and Energy Efficiency

DFC also marked its commitment to provide a $10 million loan to Seba Foods Zambia, the first U.S. food and agriculture investment along the Lobito Corridor. Additionally, the United States Trade and Development Agency (USTDA) announced a feasibility study grant to REV-UP Solar Ventures Zambia to develop an estimated 200

Health and Education: The EU''s new €60 million budget support allocation to Zambia comes on top of the initial €299 million cooperation budget in Multiannual Indicative Programming (2021-2024). The new grant marks the resumption of budget support for Zambia, and it will be used to improve education and health sectors in particular.

The EU''s new €60 million budget support allocation to Zambia comes on top of the initial €299 million cooperation budget in Multiannual Indicative Programming (2021-2024). The new grant marks the resumption of budget support for Zambia, and it will be used to improve education and health sectors in particular.

The remaining US$2.5 million is payable this month, Bushveld said in a regulatory announcement on 1 April. Prior to this new injection of investment, EHL has invested US$14.6 million into Enerox to fund various activities and Bushveld''s energy sector subsidiary

The U.S. Department of Energy (DOE) has announced $17.9 million in funding for four research and development projects to scale up American manufacturing of flow batteries and long-duration storage systems. This funding will help provide the materials needed to

The agreement, signed in the presence of President Hakainde Hichilema, is for the investment of $2 billion to generate at least 2 000 MWp of solar power. Initially, the two companies have agreed to start with a 500 MWp solar power plant. This is a real boost for the energy sector in Zambia, which is only just beginning to tap into its renewable

Commissioner for International Partnerships, Jutta Urpilainen, announced the resumption of budget support for Zambia and launched three programs worth €110 million under Global Gateway. The announcement was made alongside President Hakainde Hichilema and Minister of Finance and National Planning Situmbeko Musokotwane. The

Photographer: Luke Dray/Bloomberg, Bloomberg. (Bloomberg) -- Zambia expects to conclude its third program review with the International Monetary Fund next month, as the copper-rich nation finalizes $500 million of international assistance to deal with the effects of a record drought. The southern African nation has faced delays in

Health and Education: The EU''s new €60 million budget support allocation to Zambia comes on top of the initial €299 million cooperation budget in Multiannual Indicative Programming (2021-2024).

WASHINGTON, D.C. — The U.S. Department of Energy''s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced two projects selected to receive a total of $23.2 million to evaluate the potential

Goldman Sachs invests $250 million in Hydrostor to advance long-duration energy storage projects The investment is planned to support development and construction of Hydrostor''s 1.1 GW, 8.7 GWh of Advanced Compressed Air Energy Storage projects that are well underway in California and Australia, and help expand Hydrostor''s

[img:Zambia%20sc_0.jpg|Kabompa Gorge in Zambia]Lusaka, Zambia --- ESI-AFRICA --- 30 March 2011 - Zambia''s Copperbelt Energy Corp. (CEC) â€'' the country''s largest supplier of power to its mines â€'' plans to invest over US$900 million in new projects by 2018 to meet rising mining sector demand. Company spokeswoman

In a landmark collaboration, Zambian sustainable energy firm GEI Power has joined forces with Turkish company YEO to embark on Zambia''s pioneering Solar PV

Yeo, a Turkey-based firm, partners with local company GEI Power to construct a photovoltaic solar power plant in Zambia. The 60 MW photovoltaic solar power plant will be set up in the Choma district. It will feature a 20 MWh battery storage system. During the construction phase, 150 locals will

NEW YORK and LONDON, Nov. 16, 2020 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger Infrastructure") announced today that its portfolio company Zenobe Energy ("Zenobe"), one of the UK''s

Zambian developer GEI Power and Turkish energy technology firm YEO are planning a 60MWp/20MWh solar-plus-storage project in Zambia, expected online by

The UK Infrastructure Bank plans to invest up to £265 million (US$331.45 million) in energy storage development in the UK, in partnership with British Gas owner Centrica Plc. In a statement, Centrica

THE Zambian government, through the Technical Education, Vocational and Entrepreneurship Training Authority (TEVETA), has partnered with 22 companies in a K70 million initiative aimed at developing a more skilled and competitive workforce.

The U.S. Trade and Development Agency (USTDA) is awarding a grant to GreenCo Power Storage, a Zambian-based company. The funding will support a study

Transaction Marks First U.S. Investment from KKR''s Global Climate Strategy NEW YORK –(BUSINESS WIRE)– Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large

Alzenau, 23 October 2023 – The globally operating technology and construction group STRABAG invests in the development and production of secure, sustainable, and affordable energy storage solutions. By joining forces with storage producer CMBlu Energy

JCG''s investment arm Janus Capital takes stake in Highview Enterprise Limited. The deal will bring Highview Power''s cutting edge CRYOBattery™ energy storage technology to JCG''s core markets in sub-Saharan Africa.The investment will unleash the potential of renewable energy storage across Africa, supporting JCG''s wider growth and

Zambian sustainable energy company GEI Power is partnering with Turkey''s YEO to develop a 60 MW solar plant with a 20 MWh battery energy storage

In a landmark collaboration, Zambian sustainable energy firm GEI Power has joined forces with Turkish company YEO to embark on Zambia''s pioneering Solar PV Plant with Battery Energy Storage. Valued at approximately US$65 million, this transformative project is set to revolutionize Zambia''s energy landscape.

Turkey''s YEO is partnering with Zambian sustainable energy company GEI Power to develop a 60 MW/20 MWh solar plant with battery storage in Choma district,

Inside Zenobe''s Hill Farm BESS project in the UK. Image: Zenobe. Confirming reports made earlier this week, UK battery storage developer Zenobē Energy has secured an investment of c.£600 million (US$748 million) from investment firm KKR. As reported by Energy-Storage.news on 5 September, the deal would make KKR and

The EC noted that each project would receive between €1.6-4.5 million (US$1.8-4.9 million), with the renewable energy and energy storage projects set to receive €32.8 million (US$35.9 million

The three EU programmes worth €110 million focus on: Health and Education: The EU''s new €60 million budget support allocation to Zambia comes on top of the initial €299 million cooperation budget in

Image: Zenobē. International EV fleet and battery storage specialist Zenobē has today announced that construction has begun on three battery storage projects at Blackhillock, Kilmarnock South and Eccles in Scotland, which will total £750 million (US$892 million) of investment. The sites are set to be "the first commercial contracts in