Soitec to scale back US CPV operations after 150MW project falters

Posted on :Wednesday , 7th January 2015

CPV producer Soitec said a 150MW CPV power plant previously announced would be scrapped as the customer, San Diego Gas & Electric was said to have encountered a “major roadblock” in developing the project. 

Soitec said in a statement: “Certain of the administrative conditions pertaining to the transaction could not be fulfilled timely. Soitec will therefore no. . .

Sonnedix consortium poised to build 86MW South Africa PV project

Posted on :Wednesday , 7th January 2015

France-headquartered renewable energy developer, Sonnedix, has finalised details of an 86MW PV power plant to be built in South Africa.

The project, which falls under the third window of South Africa’s flagship renewable energy procurement programme, will be built in the country’s Northern Cape province.

Kenya: Rwanda to import 30MW from Kenya in 2015

Posted on :Tuesday , 6th January 2015

Kenya is to begin exporting 30MW of power to Rwanda via Uganda by July 2015, Kenya Power announced on 10 December, following the signing of a wheeling agreement with Uganda Electricity Transmission Company and Rwanda Energy Group (REG), and a power purchase agreement between REG and Kenya Power. Under the agreements, REG will pay Kenya Power $0.12/kWh for the electricity, while UETCL will levy . . .

Kenya Power receives Shs.17 billion loan

Posted on :Tuesday , 6th January 2015

National electricity distributor, Kenya Power, has contracted a USD190 million (Shs.17 billion) long-term loan from the Standard Chartered Bank (SCB) to implement infrastructural development projects.

Kenya Power’s Managing Director and CEO, Dr. Ben Chumo, said SCB emerged successful in an exercise carried out by the Company towards the end of last year through an Expressio. . .

Kenya Power to sell electricity to Rwanda

Posted on :Tuesday , 6th January 2015

Kenya Power has entered into an agreement to sell 30MW of power to Rwanda. Kenya Power, Uganda Electricity Transmission Company Ltd (UETCL) and Rwanda Energy Group Limited (REG) have completed negotiations to facilitate the trade.

The sale, expected to commence by July 2015, will be effected through the three entities’ already interconnected transmission grid. . .