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ACWA Power to drive solar energy development in Ethiopia

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ACWA Power, a leading international developer and operator of power generation and water desalination projects, signed two long-term power purchase agreements (PPA) with Ethiopia’s state-owned electricity producer Ethiopian Electric Power (EEP) for [...] 

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Standard Chartered Commits USD75bn Towards Sustainable Development Goals

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Standard Chartered (www.SC.com) has today announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sustainability Aspirations. By the end of 2024, the Bank commits to:

  • providing USD40 billion of project financing services for infrastructure that promotes sustainable development
  • providing USD35 billion of project financing services, M&A advisory and debt structuring services for renewables and clean tech projects (solar and wind) 

Underpinning the aspirations, [...] 

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Nawah Energy Company receives Operating License for Unit 1 of Barakah Nuclear Energy Plant, and commences fuel load

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Nawah Energy Company (Nawah), the subsidiary of the Emirates Nuclear Energy Corporation (ENEC) responsible for operating and maintaining the Barakah Nuclear Energy Plant, has received the Operating License for Unit 1 from the Federal [...] 

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APICORP Supports Development Of Algeria’s Energy Sector

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The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, agreed to two loan facilities worth a combined USD 250 million with Sonatrach Petroleum Investment Corporation (SPIC), a subsidiary of Sonatrach [...] 

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Lack of gender friendly legislations stand in the way of achieving gender parity, GWFD hears

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One of the biggest challenges to achieving gender parity in the world is the lack of gender friendly legislations and policies that provide women equal opportunities across all sectors, according to speakers at a session on the second day of the Global [...] 

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Bloom Holding launches state-of-the-art energy department

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Leading real estate development company, Bloom Holding, has recently announced the establishment of a new Energy Department as a division of its facilities management arm, bfm.

As part of Bloom Holding’s ongoing commitment to innovation and sustainability, [...] 

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MD & CEO of DEWA emphasises that the clean and renewable energy sector provides key opportunities for women in the UAE

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HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), has emphasised that Emirati women participate effectively in the energy sector thanks to the vision of the wise leadership who are committed to participation [...] 

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Yellow Door Energy commissions solar plant for Le Chocolat and greenhouse foodstuff trading

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Yellow Door Energy, a Dubai-based sustainable energy provider for businesses, has commissioned a 869 kilowatt-peak (kWp) rooftop solar plant for Le Chocolat and Greenhouse Foodstuff Trading, part of BPC Holding Group. The project is a successful example [...] 

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