Tag : sustainable energy

OPEC Fund co-finances Africa’s largest onshore wind power project
Business

OPEC Fund co-finances Africa’s largest onshore wind power project

manamalive.com
The OPEC Fund for International Development (OPEC Fund) has announced its contribution of $30 million to co-finance Africa’s largest onshore wind power project. This initiative involves the construction of two wind farms, each with a...
Microsoft to invest $80 billion in AI data centers by June 2025
Business

Microsoft to invest $80 billion in AI data centers by June 2025

manamalive.com
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half of this investment is allocated to the United States, reinforcing...
Germany shifts from electricity exporter to importer in 2024
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Germany shifts from electricity exporter to importer in 2024

manamalive.com
In 2024, Germany transitioned from being a net exporter to a net importer of electricity, marking a significant shift in its energy landscape. This change is attributed to several factors, including increased domestic demand, reduced...