News & Events
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Maldives opens call for up to 150-MW solar project with storage
The Maldivian government has invited proposals for a substantial solar and battery storage facility with a capacity of up to 150 megawatts (MW), aimed at bolstering the nation’s power infrastructure.
According to the Expression of Interest (EOI) published on Sunday, interested parties have until 27 February 2025 to submit their proposals to the Ministry of Finance and Planning. The proposed development, slated for the Greater Male region, will require developers to design, build, finance, own, operate and transfer the facility. The solar component should range between 100-150 MW, whilst the battery storage specifications remain flexible.
Official figures from July 2024 show the Maldives’ total electricity capacity stands at 600 MW, with solar contributing 68.5 MW, accounting for 6% of national power consumption. An additional 90 MW of solar projects are currently under development. The island nation aims to generate 33% of its electricity from renewable sources by 2028.
Read the original article here: https://renewablesnow.com/news/maldives-opens-call-for-up-to-150-mw-solar-project-with-storage-1270617/
Gemini joins Europe’s crypto race with Malta’s regulatory approval
Cryptocurrency exchange Gemini has received in-principle approval from Malta’s financial watchdog for an investment firm licence, marking a significant step towards its European expansion. The Malta Financial Services Authority (MFSA) approval positions Gemini to offer regulated crypto services across the European Economic Area. The firm plans to use Malta as its base for its Markets in Crypto-Assets (MiCA) application.
A full licence would enable Gemini to provide regulated futures and options trading under MiFID II regulations, meeting growing institutional demand across Europe. Mark Jennings, Head of Europe at Gemini, called the approval a crucial milestone, highlighting increasing demand for crypto derivatives among institutional investors. The exchange plans to enhance its service offerings, including perpetual futures alongside its existing spot exchange and OTC trading systems.
The move aligns with a broader trend of crypto firms expanding their European presence ahead of MiCA’s implementation, the EU’s first comprehensive digital assets framework adopted in 2023.
Read the original article here: https://cryptoslate.com/gemini-joins-europes-crypto-race-with-maltas-regulatory-approval/
Bitcoin’s meme ICO going viral 24 hours before launch
Bitcoin Pepe is set to enhance the world of meme coins by introducing a layer 2 solution that integrates Solana’s technology with the Bitcoin blockchain. The PEP-20 token standard will allow anyone to launch meme coins on Bitcoin. By reducing barriers to token creation, Bitcoin Pepe aims to mirror the success of pump.fun and Solana, and has announced its intention to create ‘Solana on Bitcoin.
The public ICO will commence on February 11. This layer 2 solution seeks to establish a new meme ecosystem for Bitcoin, bringing memes to BTC as Bitcoin dominance approaches a four-year peak and traditional finance shows increasing interest. By combining Solana’s retail-friendly features with Bitcoin’s security, Bitcoin Pepe aims to drive adoption through swift transactions and minimal fees within Bitcoin’s ecosystem.
Read the original article here: https://cointelegraph.com/press-releases/bitcoin-meme-ico-going-viral-24-hours-before-launch
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Bangladesh’s Fashion Startup Evolution
Join us for an exciting webinar that will take you on a journey through the world of Fabraex – a budding Bangladeshi fashion brand with a fresh perspective on blending cultural heritage with contemporary style. Founded by the visionary Fahim Khandkar and driven by the leadership of CEO Saklain bin Salim, Fabraex is a young startup on a mission to empower individuals to embrace their authentic identities through fashion.
Fireside chat with Dr Indrajit Coomaraswamy: Lessons to be learnt from Sri Lanka’s recent economic crisis | Webinar Recording
The ongoing economic crisis in Sri Lanka offers important lessons for policymakers globally. In a thought-provoking fireside chat, Julia Charlton chair of the Commonwealth Chamber of Commerce speaks with Dr. Indrajit Coomaraswamy, former Governor of Sri Lanka’s Central Bank, to analyse the origins and impacts of the crisis, along with Sri Lanka’s path to recovery.
Fireside chat with Dr Indrajit Coomaraswamy: Lessons to be learnt from Sri Lanka’s recent economic crisis
Join us for an enlightening fireside chat with Dr. Indrajit Coomaraswamy on Sri Lanka’s Economic Road to Recovery in collaboration with RCS Sri Lanka. Dr. Coomaraswamy will provide crucial insights into Sri Lanka’s current economic standing and potential paths to recovery, drawing on his extensive experience as a former Governor of the Central Bank of Sri Lanka.
COVID-19’s impact on Commonwealth FDI
The importance of foreign direct investment (FDI) for both intra-and-extra Commonwealth trade cannot be overstated, especially concerning global value chains (GVCs) structure and operations. FDI supports domestic firm participation in global networks of production and provides a channel for them to gain access to international markets partially via facilitating their integration into trans-border supply chains.
Commonwealth Trade and Digitalisation
The Commonwealth’s share in global ICT goods fell from 14.5 per cent in 2010 to 11.7 per cent in 2019 albeit in absolute value terms it increased from US$522.1 billion to US$547.7 billion.
Global Wealth Management: How does the Muslim world do it?
“Global Attitudes to Islamic Wealth Management” is an enlightening and unprecedented report compiled by Jersey Finance, a not-for-profit organisation representing Jersey as an international finance centre (IFC), in partnership with Gateway Global, a team of Shari’a experts, lawyers, financiers, accountants and regulators well versed in multi-jurisdictional legal practice.
CHOGM 2022
In the last week of June, thousands descended on the beautiful city of Rwanda called Kigali, gathering with great anticipation of the first international post-pandemic Commonwealth event, the Commonwealth Heads of Government Meeting (CHOGM) 2022.As a delegate...
Alternative Dispute Resolution in Bangladesh- Endless Potential
Dr. Khaled H. Chowdhury on Alternative Dispute Resolution, Bangladesh, and the Commonwealth - History, Endless Possibilities, and Challenges Interviewed by Commonwealth Chamber Correspondent Arafat Reza. Having been called to the Bar of England and Wales in 1995,...
A Golden Opportunity for the Golden Crop
Sanctions against Russia combined with the winter wheat in Ukraine looking to go unharvested, a global energy crisis, and increased insurance for cargo ships in the Black Sea, it is easy to predict what will happen to the price of these wheat exports.