Market News
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Construction begins on one of the largest gas power plant in Africa
Posted on :Thursday , 19th November 2015
Ghana has begun the construction of what it says will be the largest gas-fired power plant in sub-Saharan Africa to take advantage of the country’s rich reserves of natural gas.
The gas power plant in Ghana, developed by Cummins Cogeneration Limited and WUTA Energy, will generate 300mw of power when completed. The first 140mw phase will be connected to t. . .France boosts energy efficiency in East Africa
Posted on :Thursday , 19th November 2015
The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said.
AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking to implement energy efficiency in Uganda by financing equipment and me. . .East Africa: Rusumo Power Project Draws 20 Firms
Posted on :Monday , 16th November 2015
Twenty firms have been prequalified to bid for the construction of the regional Rusumo Falls Hydroelectric Project, which is expected to add 80MW to the Rwanda, Burundi and Tanzania power grids by 2019.
The current electricity generation in the region cannot meet the increasing industrial and domestic demand, with governments using heavy diesel generators, thus push. . .Rwanda: Fresh Boost for Renewable Energy Bid
Posted on :Monday , 16th November 2015
The Climate Investment Funds (CIF), a multilateral climate finance vehicle, has endorsed Rwanda's renewable energy investment plans, making the country eligible to benefit from $50 million (about Rwf37 billion) for renewable energy funding.
The funds are provided under the Scaling Up Renewable Energy in Low Income Countries Programme (SREP).. . .Construction of hydropower plants in East Africa gets financial support
Posted on :Wednesday , 11th November 2015
Afritech Energy (AE) and East African Power have signed a US$ 40m agreement that will see the construction of four hydropower plants in Rwanda.
The agreement will involve construction of four hydropower sites in Bihongora, Karambo II, Gatare Sebeya and Muregeya. Other two projects will be in Rustiro and two more in Rubavu.Execut. . .Please Select an Option
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