British International Investment (BII), the UK’s development finance institution, said on Friday it had committed $37 million to the Abydos II Solar PV and Battery Energy Storage System (BESS) project in Egypt. The $737 million project, developed by AMEA Power in Aswan Governorate, will have a capacity of 1 GWac and a 600 MWh battery system, generating an estimated 2,910 GWh of electricity annually and avoiding 1.6 million tonnes of CO₂ emissions per year. Operations are expected to start in...

Uganda’s GOGO Electric has received $1 million to expand its battery-swap infrastructure, giving electric riders better access to clean, reliable energy and accelerating Uganda’s transition to e-mobility. The $1 million is a re-investing $1 million from EDFI ElectriFI, the EU-funded Electrification Financing Initiative. The investment announcement took place in Uganda during the EU Green Diplomacy Week at the GOGO Electric Factory, in Kampala, Uganda. According to Parth Shah (GOGO CFO), â...

Solar Saver has raised $10 million from Swedfund to expand access to affordable and reliable solar power for small and medium–sized businesses in Southern Africa. Solar Saver will use the funds to scale-up of distributed solar and battery energy systems in South Africa, Namibia, Botswana and Zambia, in a move that will bolster access to stable electricity for small and medium-sized enterprises. According to Jonas Kolijn, Senior Investment Manager for Energy & Climate at Swedfund, “Acces...

Apple has launched an upgraded version of its Vision Pro headset powered by the new M5 chip, delivering faster performance, sharper visuals, and extended battery life. The refreshed model also debuts a Dual Knit Band for improved comfort and ships with visionOS 26, introducing new spatial experiences and Apple Intelligence features. According to Apple, the M5 chip brings up to 2× faster AI performance and 10 percent more display pixels, offering smoother multitasking, faster app loading, and en...