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Tag : solar energy

Business

Global clean energy investment set to reach $1.7 trillion, overtaking oil production

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Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......
Business

European Investment Bank supports circular economy with €3.4 billion lending

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Global investment in clean energy is projected to reach an impressive $1.7 trillion in 2023, marking a significant milestone as solar energy surpasses oil production for the first time. A new report from the International Energy Agency (IEA) highlights that investment in clean energy technologies is outstripping spending on fossil......
Business

Masdar secures financing for three large-scale solar projects in Uzbekistan

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Abu Dhabi-based company, Masdar, has announced that it has achieved financial close on three solar photovoltaic (PV) projects in Uzbekistan, with a combined capacity of around 900 megawatts. The program is considered the largest solar development in the region. The construction of the plants is set to begin soon, following......