Market News
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Power Africa Off-Grid Energy Challenge to implement renewable energy projects
Posted on :Saturday , 4th October 2014
22 winners of the second round of Power Africa Off-Grid Energy Challenge have been announced by General Electric Africa, the United States African Development Foundation (USADF) and the U.S. Agency for International Development (USAID).
The winners, who include 4 from Nigeria – Topstep Nigeria Ltd, Ginphed Nigeria, Quintas Renewable Energy, Sky Resources &ndas. . .
Nigeria to construct a new $400m, 260MW power plant
Posted on :Monday , 29th September 2014
The Nigeria Minister for Power, Mohammed Wakil, has signed an agreement that will see construction of a new 260MW power plant in Ewekoro, Ogun state. The Minister has described the event as a milestone, and which underscores the need to fast track the nation’s ongoing privatization exercise described as the biggest in the world.
The new 260MW power plant deal . . .
South Africa to buy power from DRC s Inga Dam
Posted on :Monday , 29th September 2014
South Africa will be benefiting from power generated from a dam in the Democratic Republic of Congo (DRC), after the two sealed a purchase order for SA to buy electricity in six years time starting end of this month September.
In the agreement, it is expected that South Africa will play the role of a “reliable purchaser” in order to support the Grand Ing. . .
EU grants US$ 2.55bn for sustainable energy development in five Africa countries
Posted on :Monday , 29th September 2014
Five African heads of states have jointly signed a grant with the European Union President, Jose Manuel Barroso, in New York, a grant that will seek to woo private investors into sustainable energy development. The beneficiaries include Rwanda, Cape Verde, Cote D ‘voire, Liberia and Togo.
The grant portions to the five states will be managed by their respectiv. . .
Solarcentury To Build Largest Carport Solar System At Garden City, Nairobi
Posted on :Monday , 29th September 2014
Solarcentury is to design and construct Africa’s largest solar carport on the uppermost storey of a car park at Garden City Mall, part of the new 32-acre integrated residential, retail park, hotel and office development on Nairobi’s Thika Superhighway.
The clean solar electricity generated by the 858kWp system will be used by the retail tenants.<. . .Please Select an Option
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