Market News
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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. . .Africa to add 3 GW of power to national grid
Posted on :Wednesday , 9th December 2015
Egypt says it will add 3 GW of power to national grid in the coming year in a bid to reduce power deficit facing the country Power.
This comes barely after the country’s business community called for quick response to the current unending power shortages that have hampered heavy industry in recent years, the electricity minister said on Sunday.
Energy and Infrastructure Take 42 Per Cent of Kenya External Loan
Posted on :Monday , 7th December 2015
The bulk of donor funding to Kenya goes to energy and infrastructure projects, a latest National Treasury debt report released in Nairobi showed Wednesday.
The report says energy and infrastructure sector takes 42 percent of the cash Kenya gets from its bilateral and multilateral lenders, with the external debt currently standing at 14.7 billion U.S. dollars.
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