Market News
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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.<. . .
South Africa set to get a nuclear power plant funded by Russia
Posted on :Monday , 29th September 2014
South Africa is set to get a new nuclear power plant, following the signing of a cooperation deal with Russia recently. Both sides noted that the nuclear power plant will have a production capacity of up to 9.6 GW based on Russian Technology, by 2030. The announcement was made during an International Atomic Energy conference in Vienna this Monday.
The South African . . .
A US 260m peat power plant to be constructed in Rwanda
Posted on :Monday , 29th September 2014
The government of Rwanda is planning to construct a new US$ 260m peat-fueled power plant in Gisagara district, Rwanda to add up to 80 megawatts into its national grid.
To be constructed in partnership with a Turkish company, Hakan, the new peat power plant will help address the country’s growing energy demands.The project is the. . .Please Select an Option
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