Market News
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Ethiopia adds a further 1 870 MW with Gigel Gibe III Hydroelectric Project
Posted on :Thursday , 8th January 2015
The Gilgel Gibe III Hydropower project, constructed and situated on the Omo River in Ethiopia is expected to, once completed, generate 1 870 MW of power assisting in meeting the energy needs of those residing in Ethiopia and neighbouring countries. Construction of the 243m concrete dam began in 2008, and is scheduled to start generating power in early 2015. It is reported that Gigel Gibe III&rs. . .
Ethiopia�s Gilgel Gibe 3 project could start power generation by June
Posted on :Thursday , 8th January 2015
A much-delayed $1.8 billion dam project under construction along Ethiopia’s Omo river could begin generating power by June and be fully operational by early 2016, an official said on Thursday. Gilgel Gibe 3 will nearly double the country’s energy output, helping to resolve chronic power outages and sustain a booming economy. Work started in 2008 and was due to be completed around th. . .
Largest Solar Power Plant in Africa Flips the Switch
Posted on :Thursday , 8th January 2015
With seven of the world’s fastest growing economies located in Africa, it should not be a surprise that the continent’s energy demands will only surge in the coming decade. Hence plenty of opportunities exist for clean energy companies as investors worldwide realize Africa, with all of its risks, is a booming market. To that end, California-based Solar Reserve, together with numerou. . .
Solar Power Plant in Africa to Supply Europe
Posted on :Thursday , 8th January 2015
WASHINGTON - By 2018, a large solar power plant in the Tunisian part of the Sahara desert may start sending power to energy-hungry Western Europe. The company running the plant says once it is fully operational it will generate almost twice as much electricity as an average nuclear plant and supply two million homes in Europe.
According to the European Commission’s Institu. . .Electrifying Keyna: How One African Country is Approaching Renewable Energy Development
Posted on :Thursday , 8th January 2015
Kenya has taken some major steps to boost its renewable energy production recently, according to reports. However, confusion about projects and the government’s ambiguous energy policy is overshadowing excitement.
Kenya’s renewable energy ambitions have attracted growing attention in recent months. There has been a strong uptick in interest in the country’s win. . .Please Select an Option
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