Market News
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South Africa: Eskom Signs Koeberg Steam Generators Contract
Posted on :Monday , 8th September 2014
Power parastatal Eskom has signed a contract that will see the replacement of steam generators at the Koeberg nuclear power plant, it confirmed.
"Eskom is pleased to announce that the contract between it and Areva NP was signed on Friday," said Eskom on Saturday.The signing of the contract comes as Westinghouse Electri. . .
Continued growth expected for East African transmission and distribution industry
Posted on :Saturday , 6th September 2014
Regional interconnections and oil discoveries are expected to drive the transmission and distribution industry’s (T&D’s) growth in East Africa, the second-fastest growing region in Africa, global growth consulting firm Frost & Sullivan said on Tuesday.The region’s power sector was currently highly underdeveloped and had the lowest electricity access rate on th. . .
KenGen to build industrial park in Naivasha, Kenya.
Posted on :Saturday , 6th September 2014
Naivasha, Kenya: Kenya Electricity Generating Company (Kengen) has set aside 1,300 acres in Olkaria Naivasha for the construction of an industrial park. Five sites in the geothermal rich area have already been identified for the park with Kengen targeting high consumers of electricity. According to Kengen Managing Director Albert Mugo, the company will partner with Export Processing Zone Author. . .
Ebonyi to build $1.14b independent power plant
Posted on :Friday , 5th September 2014
TransGlobe Energy has announced the discovery of a Lower Nukhul oil discovery at NWG 3, a gas/condensate test at North Dabaa 2, and has been awarded a new concession in Egypt’s Western DesertThe oilwell at Lower Nakhul was drilled to a total depth of 1,633 metres and encountered 12.8 metres of net oil pay in the prolific Lower Nukhul formation based on well logs and oil recovered on. . .
US firm to build 100MW geothermal power plant in Kenya
Posted on :Thursday , 4th September 2014
Ormat Technologies, a US power firm has been selected among three other companies to build the 100MWgeothermal power plant in Menengai, Kenya, set to begin in December this year. This will be among other projects which will see Kenya’s energy capacity rise to 5,000MW from 1,. . .
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