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Study confirms €1T green hydrogen potential for Africa

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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6 South Africa at $2.6 billion for 300MW.

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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. The balance of the financing proceeds will be used to fund the restart of operations in Namibia and for working capital purposes.

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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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water and electricity to produce higher-energy carbon-based products and a co-product of pure oxygen. Solar Sister (Great Falls, Virginia) invests in women’s enterprises in off-grid communities in Africa. is using pay-as-you-save financing to help transportation companies switch to electric buses. Earlier post.). Energy Access.

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This Rwandan Engineer is Learning How to Manage Humanitarian Projects

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The IEEE member from Kigali, Rwanda, participated in installing portable sinks in nearby rural markets to curb the spread of COVID-19 and provided clean water and sanitation services to people displaced by the Mount Nyiragongo volcano eruption in 2021. She also got involved in organizing conferences in Africa.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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The KPMG study, “Expect the Unexpected: Building Business Value in a Changing World”, explores issues such as climate change, energy and fuel volatility, water availability and cost and resource availability, as well as population growth spawning new urban centers. Global food prices are predicted to rise 70 to 90 percent by 2030.

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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Nexen has major positions in three of the world’s most significant conventional basins: the UK North Sea, Offshore West Africa and the deep-water Gulf of Mexico. The transaction will be funded by CNOOC Limited’s existing cash resources and external financing. It is the second-largest oil producer in the UK North Sea.

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