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Maldives opens call for up to 150-MW solar project with storage

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

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’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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Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia

Empowering Tomorrow: MSMEs and Sustainable Development in The Gambia

The Commonwealth Chamber of Commerce wishes to invite you to an all-new webinar on the trends and developments taking shape in the business ecosystem of The Gambia, centring on the critical role of MSMEs (Micro, small and medium sized enterprises) for the sustainable economic development of the nation and the role of the Commonwealth in fulfilling this objective.

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