Eritrea lands funding for solar plant: The African Development Fund (ADF) has approved a USD 49.92 mn grant for a 30 MW solar power plant and a battery energy storage system in Eritrea, according to a statement released on Thursday. The grant consists of USD 19.5 mn from the ADF and USD 30.42 mn from the Transition Support Facility. The Dekemhare plant will help boost generation capacity to 185 MW and grid energy to 365 GWh annually.

Germany ramps up investment in clean energy infrastructure: Leading energy firms could pour over USD 5.5 bn between 2026 and 2030 to help build the necessary clean energy infrastructure at Germany’s Wilhelmshaven port, Reuters reported on Thursday. Energy Hub Port Wilhelmshaven — a consortium of 30 companies including Uniper and Wintershall Dea — are exploring the port’s potential as a hub for hydrogen and ammonia imports and hydrogen production. Planned investments include electrolysis plants that could be scaled to over 1 GW in size, according to spokesman Rhenus Ports’ Uwe Oppitz.

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-

  • India will provide green hydrogen incentives of at least 10% of cost to clean fuel producers as part of a USD 2 bn scheme kicking off before the end of June. (Reuters)
  • Chinese company China Energy has signed an agreement with French state-owned utilities firm EDF to build an offshore green hydrogen facility with a 1.5 GW capacity for energy storage. (Bloomberg)
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