Market News
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SunPower Announces 160-Megawatt Solar Panel Manufacturing Facility in South Africa
Posted on :Tuesday , 4th November 2014
SAN JOSE, Calif. and CAPE TOWN, South Africa, Nov. 4, 2014 /PRNewswire/ -- SunPower Corp. (NASDAQ: SPWR), a leading solar technology and energy services provider, today announced plans to own and operate a solar panel manufacturing facility in Cape Town, South Africa, to meet the growing demand for solar in that region.
At this new plant, SunPower will . . .
Mainstream to acquire Ghana\'s first utility-scale wind farm
Posted on :Friday , 31st October 2014
Mainstream Renewable Power has entered into a US$ 525m deal with Swiss wind farm developer, NEK Umwelttechnik that will see it purchase the 225MW Ayitepa Wind Farm, Ghana’s first utility-scale wind farm.
The agreement is expected to reach a financial close next year, while the wind farm will start generating power by 2016. The two companies will, in the meanti. . .Nigeria\'s new gas power plant in Ajaokuta is underway
Posted on :Friday , 31st October 2014
Federal government has reached a memorandum of understanding with 3D Hitech System Ltd for construction of a gas power plant in Ajaokuta. It has also reached an MOU with T SEPCOIII Electric Power Construction Corporation and the CGC Nigeria Ltd for additional investment in power distribution and transmission in the country.
3D Hitech has already carried test running. . .
Angola to carry out five hydroelectric projects
Posted on :Saturday , 25th October 2014
Angola will carry out five new hydroelectric projects to produce 7, 000MW of power. This is according to Angola’s agency for development of the middle Kwanza (Cuanza) River, which has also said that the new hydroelectric projects will be based along Kwanza River.
Lined up for construction is five new dams, and the project will be part of the national program f. . .World Bank to invest US$ 20m in a new wind power project in Kenya
Posted on :Saturday , 25th October 2014
The World Bank, through its private arm International Finance Corporation (IFC) will be investing US$ 20m in equity into a wind power project in Kajiado County.
The funds will be channeled towards the Kipeto Wind Power Project which is going to be developed on a 70 kilometer square piece of land South-west of Nairobi. The project will be in the Esilanke area current. . .Please Select an Option
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