Zambia's national utility ZESCO has signed a 25-year power purchase agreement with Hungary's EnerSynk Group for a planned 500MW solar project in the Copperbelt province, advancing the country's renewable-energy expansion.
More than 100 CEOs, government leaders and UN representatives convened in New York on September 20 to call for faster public-private investment in clean energy, grid infrastructure and energy access, citing financing costs and regulatory uncertainty as key barriers.
US equities surged on September 21 as the Nasdaq closed at a record high and Advanced Micro Devices crossed a $1 trillion market valuation for the first time, driven by renewed optimism around artificial-intelligence-related stocks.
Shanghai-based Jierendi Electronic Technology has raised approximately $13.8 million in Series B funding from SMIC Capital and GoodWe, positioning the company at the convergence of semiconductor manufacturing and AI-server power infrastructure.
Beijing-based semiconductor company Xingyun Integrated Circuit has raised close to $110 million in a late-stage financing round led by battery giant CATL, underscoring China's continued push toward self-sufficiency in power-related semiconductors.
London-based Metris Energy has raised €4.35 million in Seed funding to build an operating data layer for renewable-energy assets, allowing automation and AI systems to manage solar and wind portfolios more effectively.
UK fintech Sprive has raised $10 million in Series A funding to scale its platform that redirects everyday cashback spending toward mortgage overpayments, reporting more than 567,000 users and £42 billion in managed mortgages.
Belgian biotech Novadip Biosciences has closed €10.4 million in convertible financing to advance its regenerative bone therapy for a rare pediatric condition through pivotal Phase 3 trials in the US and Europe.
Electric-mobility company Spiro has secured an additional $18 million in debt financing from the Africa Go Green Fund, doubling the fund's commitment as the company expands battery-swapping infrastructure into Uganda and Rwanda.
London-based Unit1 Studio has raised £20 million in combined equity and production financing led by Balderton Capital, aiming to turn high-end avatar concert productions into a repeatable, city-hopping format.