Market News
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AfDB sets up a sh21 billion equity fund for renewable energy.
Posted on :Wednesday , 7th October 2015
The development of renewable energy received a shot in the arm after the African Development Bank set up a 21 billion shillings equity fund. The fund will be geared towards small and medium hydro, wind, geothermal, solar and biomass projects in the Sub Saharan region.Other interested parties include the Global Environment Facility which has contributed 45 billion shillings, European Investment . . .
Timber firm plans to construct biomass power plant in Africa
Posted on :Friday , 2nd October 2015
Timber firm- York Timbers, has announced plans to construct an electrical biomass power plant in South Africa at its timber plant worth US $0.10bn.
This new power plant by the firm will deliver 25MW into the South African National grid thus giving the company some energy income from what would otherwise be discarded as biomass waste production from its s. . .Plans to construct Chollet Hydropower Dam in Africa gain pace
Posted on :Friday , 2nd October 2015
The construction of Chollet Hydropower Dam in Cameroon has received a new breath after the signing of a major agreement. Minister of Water Resources and Energy, Basile Atangana Kouna and the Minister of Energy and Hydraulics of the Republic of Congo, Henri Ossebi have signed agreements to speed up the project. According to the minister the project which is expected to boost the power prod. . .
Sierra Cables to open cable manufacturing unit in Kenya
Posted on :Thursday , 1st October 2015
Sri Lanka’s Sierra Cables has decided to open a cable manufacturing company in Kenya to promote power generation projects in East Africa powercable AndreRobertoDoretoSantos flickrThe East African region has potential for cable manufacturers to enhance their business interests.
A feasibility study was conducted, following which the company decided to set up a unit in Nairob. . .East Africa: Eaton Roots for Storage of Power Generated From Renewable Sources
Posted on :Tuesday , 29th September 2015
Power management firm Eaton is calling for adoption and use of renewable energy storage technologies in Africa as uptake of alternative energy and power rises in the continent.
During the recent East Africa Power Industry Convention (EAPIC) in Nairobi, Louis Shaffer, Eaton's Distributed Energy Segment Manager for Europe, Middle East and Africa Region noted that renewable energy w. . .Please Select an Option
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