Market News
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Getting set for construction of Nuclear Power Plants in Africa
Posted on :Saturday , 24th October 2015
Preparation for construction of Nuclear Power Plants in South Africa has begun in earnest after the department of energy received US $14.80m from the National Treasury for feasibility study putting into consideration the cost, benefits and risks involved.
This allocation comes a year after South Africa faith communities’ Environment Institute (SAFC. . .Commercially viable biogas plant in Africa begins operation
Posted on :Friday , 23rd October 2015
First commercially viable biogas plant in South Africa has began operation supplying renewable energy to automotive manufacturer BMW.
A year ago, energy company Bio2Watt and BMW SA signed a deal for power generation which saw the first power supply happen early October.The two companies have a ten year deal that will see t. . .Google eyes share in Lake Turkana wind power construction project in Kenya
Posted on :Thursday , 22nd October 2015
Information Technology giant Google has announced that it was buying 12.5 per cent stake in Africa’s largest wind farm that is the Lake Turkana Wind Power construction project in Kenya.
The IT firm has agreed to purchase the stake in the wind farm project in Kenya from the project’s third-largest investor Vestas, when it becomes operational in 2018.
Goo. . .Nigeria: Renewable Energy Sector Comes of Age
Posted on :Wednesday , 21st October 2015
Lagos — STAKEHOLDERS from Nigeria government, utilities, consultants and investors will next month converge in Lagos to discuss the challenges of local markets, capacity building and investment in the regional power sector.
The summit will be held under the auspices of the West African Power Industry Convention (WAPIC) on November 24-25.&nbs. . .Tanzania Aims for 2700 Megawatts
Posted on :Wednesday , 21st October 2015
Dar es Salaam — The government has said it is optimistic it can close the deficit of 1,290 megawatts of electricity to achieve the goal of generating 2,780 MW by the end of next year
"What we must now do is find a means of generating the remaining 1,290MW so that we can reach that target by end of next year."If we woul. . .Please Select an Option
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