CLASP and GEAPP expand Productive Use Financing Facility with $6.1M boost for energy-efficient appliances in Africa

CLASP and GEAPP expand Productive Use Financing Facility with $6.1M boost for energy-efficient appliances in Africa

Cape Town, 18 June, 2025 | CLASP, an international NGO, and the Global Energy Alliance for People and Planet (GEAPP) have announced a $6.1 million expansion of the Productive Use Financing Facility (PUFF), a catalytic initiative that increases access to energy-efficient, income-generating appliances across Africa. The PUFF supports growing businesses, farmers, and communities in Nigeria, Ethiopia and Kenya, to acquire up to 10,000 income-generating appliances, such as … Continue reading CLASP and GEAPP expand Productive Use Financing Facility with $6.1M boost for energy-efficient appliances in Africa

G42

G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

News Release – 17 Jun 2025 G42, the Abu Dhabi-based global technology group, and Liquid AI, a leading efficient foundation models company headquartered in Cambridge, Massachusetts, today announced that they have entered into a multifaceted commercial partnership to facilitate the creation, training and commercialization of generative AI solutions powered by Liquid Foundation Models. The goal of the partnership is to jointly develop and deploy private … Continue reading G42 and Liquid AI partner to deliver private, local and efficient AI solutions to enterprises at scale

Siemens Energy replaces federal guarantee with a new bank facility

Siemens Energy replaces federal guarantee with a new bank facility

Press Release – June 5, 2025 – Siemens Energy has completed the planned replacement of the €11 billion facility backed by the German federal government. A new €9 billion facility, together with existing guarantee lines, will continue to support and underpin the company’s large-scale project business. The €1 billion facility previously backed by Siemens AG has also been replaced under the new agreement. Maria Ferraro, … Continue reading Siemens Energy replaces federal guarantee with a new bank facility

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

Press Release – June 5, 2025 | Manila, Philippines – The Asian Development Bank (ADB) and the Global Energy Alliance for People and Planet (GEAPP) announced a grant agreement to establish Enhancing Access to Battery Energy Storage System (BESS) for Low-carbon Economies (ENABLE), a platform dedicated to accelerating battery storage deployment across the Asia and Pacific region by pooling and concentrating the human and financial resources … Continue reading ADB and GEAPP launch ENABLE platform; fast-tracks battery storage adoption in Asia and The Pacific

YES! Youth Energy Summit Cape Town, South Africa

Ever wanted to ask the Minister for Electricity & Energy of South Africa a question? You can at YES!

Ever wanted to ask the Minister for Electricity & Energy of South Africa a question? You can at YES! A once in a lifetime experience to engage with the top decision-makers shaping South Africa’s energy roadmap. Bring your questions and engage directly with the Minister and Deputy Minister shaping the nation’s energy future. Whether you’re curious about energy policy or your role in the transition, … Continue reading Ever wanted to ask the Minister for Electricity & Energy of South Africa a question? You can at YES!

WSP to acquire Ricardo, a global strategic and engineering consultancy firm

WSP to acquire Ricardo, a global strategic and engineering consultancy firm

MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”), one of the world’s leading professional services firms, announces that it has reached agreements to acquire the entire issued and to be issued share capital of Ricardo plc (“Ricardo”) for 430 pence (the “Offer Price”) per share (the “Acquisition”). This Acquisition underscores WSP’s commitment to expanding its footprint in … Continue reading WSP to acquire Ricardo, a global strategic and engineering consultancy firm

GE Vernova

GE Vernova and Uniper announce turbine upgrade at Grain power station in Kent, UK

LONDON, United Kingdom (June 5, 2025) – GE Vernova (NYSE: GEV) today announced that Uniper signed a contractual service agreement to upgrade three GT26 gas turbine units powering Uniper’s Grain power station in Kent, UK. This GT26 High Efficiency (HE) upgrade is expected to increase efficiency and the power output, while supporting Uniper’s ambition to decarbonise its fleet by reducing carbon intensity (CO2 emissions per MW) at … Continue reading GE Vernova and Uniper announce turbine upgrade at Grain power station in Kent, UK

Wärtsilä and EDF Renewables advance energy storage milestones to power a net-zero UK

Wärtsilä and EDF Renewables advance energy storage milestones to power a net-zero UK

Wärtsilä Corporation, Trade Press Release 5 June 2025 Technology group Wärtsilä has expanded its long-term partnership with EDF Renewables UK and Ireland (hereafter EDF Renewables) to accelerate the United Kingdom’s progress toward achieving clean power by 2030. Construction has started on two additional projects, adding to the existing portfolio of six energy storage projects. In total, Wärtsilä will deliver eight sites for EDF Renewables, offering 404.5 MW … Continue reading Wärtsilä and EDF Renewables advance energy storage milestones to power a net-zero UK

GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement

Dubai, UAE, 28 May 2025: Gulf Navigation Holding PJSC (“GULFNAV”), a leading maritime and shipping company listed on the Dubai Financial Market, and Brooge Energy Limited (“Brooge”), a Leading crude oil, fuel oil and refined fuel products storage company Listed on NASDAQ, held a signing ceremony at Brooge’s headquarters in Dubai to formalize the Sale and Purchase Agreement (SPA) in accordance with the acquisition structure … Continue reading GULFNAV and “Brooge” sign AED 3.2 billion Acquisition Agreement