Market News

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 i . . .

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 . . .

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 . . .

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 . . .

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 North . . .