A solar plant in Nigeria and an Azerbaijan wind farm are among the 55 projects that have received financing worth $1.7 billion from the Organization of Petroleum Exporting Countries (OPEC) Fund for International Development in 2023. This is in line with the multilateral development finance institution’s Climate Action Plan, support for renewable energy projects constituted nearly 60 per cent of all lending in the energy sector, according to a press release. The Opec Fund Director-General Abdulhamid Alkhalifa, said, "In 2023, the OPEC Fund increased its impact through the delivery of development...