Energy, Oil & Gas

PowerChina expands Egypt footprint with 1.8GW wind power projects

As China and Egypt celebrate 70 years of diplomatic ties, green development is taking centre stage, with Power Construction Corporation of China (PowerChina) advancing wind power projects portfolio totaling over 1.8GW in Egypt while expanding into energy storage and local manufacturing. ...

Energy, Oil & Gas

Morocco secures $265m World Bank funding for hydropower storage

The World Bank’s Board of Directors has approved a $265 million loan to support Morocco’s Ifahsa Pumped Hydropower Storage Project, a major clean energy initiative aimed at strengthening the country’s electricity grid and expanding renewable energy integration....

Energy, Oil & Gas

European nations pledge 100GW to boost wind power

Britain, Germany, Denmark and other European countries will sign a clean energy pact at a summit in Hamburg, pledging to deliver 100 gigawatts (GW) of offshore wind power through large-scale joint projects, the British government said....