Market News
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Construction of Inga 3 hydroelectric project in Africa gets new impetus
Posted on :Saturday , 5th December 2015
The government now hopes to launch the construction of long-delayed Inga 3 hydroelectric project in DRC and hopes work can start by early 2017, the country’s prime minister has announced.
Augustin Matata Ponyo told the media in London on the sidelines of an African investment conference in London that the construction OF 3 hydroelectric project in . . .DNV GL mapping wind potential in Africa
Posted on :Friday , 4th December 2015
DNV GL has created prelimary wind atlases for Zambia, Tanzania and Maldives as part of a World Bank-funded energy management programme to encourage wind energy generation
windenergy blickpixel pixabayThrough maps, DNV GL can provide investors with verifiable and tangible information on wind energy potential in the three African nations.The Energy Sector . . .Isolux Corsan and Siemens to install HVDC equipment in East Africa
Posted on :Friday , 4th December 2015
Spanish energy solutions firm Isolux Corsan has been chosen to design, build and install high voltage direct current (HVDC) equipment between Ethiopia and Kenya for US$450mn
highvoltageline succo pixabayThe HVDC will provide a stable power connection to electrical grids in both countries.Isolux Corsan is working in collaboration with German company Siemens to . . .Russia offers loan for nuclear power plant construction in Africa
Posted on :Thursday , 3rd December 2015
Russia has agreed to fund the first ever nuclear power plant in Egypt by extending a loan of $25b towards the construction of the plant. The nuclear power plant in Egypt is being constructed by Rosatom Russia’s state owned company.
This will be one of the largest project being funded by Russia. Upon completion the construction project is expected to help. . .Construction of a major thermal power plant in Africa nears completion
Posted on :Thursday , 3rd December 2015
Energy Minister for Zambia Dora Siliya has announced that the construction of the 300 megawatts thermal power plant in the country is almost complete. The minister revealed that 83% of the construction work has been done. She was speaking after touring the construction site for the power plant.
She said that the thermal power plant in Zambia will boost the cou. . .Please Select an Option
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