Market News
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Paris Power Firm Comes Up With U.S.$2 Million Deal for Tanzania
Posted on :Monday , 30th November 2015
Dar es Salaam — Energy Access Ventures (EAV), a Paris-based investment firm that backs entrepreneurial companies that bring access to electricity in sub-Saharan Africa, has announced its inaugural $2 million investment in Off-Grid Electric (OGE) which has offices in San Francisco, California (USA) and Arusha in Tanzania.
OGE generates solar power and then dist. . .Investment decision on Africa�s Kudu power project mid-2016
Posted on :Monday , 30th November 2015
A final investment decision is expected mid-2016 on Namibia’s Kudu gas-to-power project, which is expected to boost electricity security in the southwest African country
power namibia DavidSeibold flickrOnce the power plant is built, it is expected to provide Namibia with 400MW of power.According to a senior official, the project, where costs have double. . .JCB Power Products acquires UK diesel genset producer
Posted on :Monday , 30th November 2015
JCB Power Products has acquired the business and assets of diesel generator producer Broadcrown Ltd
JCBpowerJCB Power Products offers a range of more than 200 generators ranging from eight to 3,300 kVA.The acquisition was to strengthen and extend the range of generators it has to offer, said the company. The new business is expected to function under the name . . .East Africa and CIF to spend US$50mn on clean energy projects
Posted on :Monday , 30th November 2015
Rwanda, along with Climate Investment Funds (CIF), will work to provide access to electricity to around 70 per cent of its population by 2018
solarpanel bartspeelman flickrRwanda hopes to tap into a range of clean energy sources in order to supply power to its residents.The country is hoping to achieve this by tapping into a host of renewable energy sources, a. . .East Africa secures US$31mn fund to expand electricity grid
Posted on :Friday , 27th November 2015
Seychelles has secured US$31mn in funding from Arab Bank for Economic Development in Africa (BADEA) and the Saudi Fund for Development to improve electricity network in the island nation
seychelles grid saraj flickrThe 33kV transmission and distribution network will start at the Roche Caiman power station.The joint loan will be utilised by country’s Publ. . .Please Select an Option
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