ADB boosts support for renewable energy in Maldives

The FINANCIAL — The Asian Development Bank (ADB) has approved a $7.74 million concessional loan and a $2.73 million project grant to scale up the ongoing project, Preparing Outer Islands for Sustainable Energy Development (POISED), which is transforming the existing diesel-based grids…

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Renewable energy company – Ocean Sun got listed on Merkur Market

The FINANCIAL — The renewable energy company Ocean Sun has today been admitted to trading on Merkur Market (ticker code: OSUN-ME). Ocean Sun has developed a floating power system with solar panels mounted on a thin hydro-elastic membrane. “Our technology offers renewable energy at world-beating cost levels enabled by the…

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