Skyrocketting fuel prices, adulterated fuel, long queues at petrol stations, often unscrupulous attendants out to fleece you — your cup of woes spills over everytime you need to fill the tank of of your car.
But all this could be history if Genepax — a Japanese company — is successful in commercialising its latest innovation: the ‘water car.’ (more…)
Egypt’s fledgling solar industry attracted $1.8 billion of investment, largely from the European Bank of Reconstruction and Development and the World Bank’s International Finance Corp. The EBRD is backing 16 photovoltaic projects, and the IFC is financing 13 in the sunny North African nation with a combined capacity of 1.4 gigawatts. They are writing loans […]