Market News
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France to invest in clean energy projects in Africa
Posted on :Friday , 11th December 2015
France has revealed its plans to spend “billions of euros” on renewable energy and environmental projects in Africa over the next five years
hydelproject GiselaGiardino flickrFrance is keen to develop clean energy projects such as solar, wind and hydro in Africa. At the ongoing climate change summit COP21 in Paris, President Francois Hollande said that his gover. . .AREI receives US$10bn from several countries that pledge Clean Energy
Posted on :Friday , 11th December 2015
The Africa Renewable Energy Initiative (AREI) is being supported significantly by several countries that have pledged around US$10bn for clean energy projects in Africa
cleanenergy ArtemyoLagalag flickrThe goal of AREI is to supply atleast 300GW of power by 2030 to the African continent, through clean energy sources. At COP21 held in France, G7 countries Germany, Fran. . .Rwanda: U.S. Firm Completes Deal for Rwandan 50MW Power Plant
Posted on :Thursday , 10th December 2015
Symbion Power Lake Kivu Ltd, a subsidiary of American firm Symbion Power LLC, on Tuesday signed a 25-year power purchase agreement (PPA) with the Rwanda Energy Group (REG) for a 50 Megawatt (MW) methane gas to power project.
The official signing involved Symbion Power CEO Paul Hinks, REG CEO Jean-Bosco Mugiraneza, and Minister of Infrastructure James Musoni. With th. . .Shopping Center in Africa installs solar panels on rooftop
Posted on :Thursday , 10th December 2015
Deville Shopping Centre in South Africa now boasts of 1,206 highly efficient solar panels on its rooftop.
The solar panels will supply just about 8% of the centre’s electricity requirements. The project was managed by Spire Sustainable Solutions on behalf of the Tower Property Fund who owns De Ville. Deville Shopping Centre in South Africa becomes one of. . .Power generation in East Africa to double in three years� time
Posted on :Wednesday , 9th December 2015
Power generation in Uganda will nearly double in the next three years, Benon Mutambi, chief executive officer of the state-run Electricity Regulatory Authority (ERA) has announced.
The move comes following reforms by Uganda that has boosted investment by independent power producers and development group.
Benon Mutambi, says that the government has been working to i. . .Please Select an Option
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