Market News
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Muzizi hydro-power to be constructed in East Africa
Posted on :Friday , 28th August 2015
The Ugandan and two companies from Germany and France has signed a US$ 76m agreement that will see the construction of the Muzizi hydro-power project come to birth and help in providing power to more than 60,000 homes.
Germany Development Bank (KfW) and the French Development Agency are the two other companies that are financing the construction of Muzizi hydr. . .
Construction of power plants in Kenya pays dividends
Posted on :Friday , 28th August 2015
The effort of constructing power plants in Kenya has started paying off following a drop in imported electricity from Uganda, Energy Regulatory Commission (ERC) has announced.
According to data from (ERC), Kenya has only imported 27.97 million kilowatt-hours (kWh) from Ethiopia in the first half of the year, down from 57.91 million kWh in same period las. . ..jpg)
Developing nations need Sh13 trillion geothermal investment by 2030
Posted on :Friday , 28th August 2015
Kenya and Turkey have exceeded forecasts for harnessing geothermal energy, but other developing countries, including Indonesia and the Philippines, are lagging behind on leveraging the renewable power source, a new analysis shows.
If developing nations are to carry out the planned expansion of geothermal energy capacity, $133 billion (Sh13.7 trillion) needs to. . ..jpg)
Germany to support renewable energy sector in Tunisia
Posted on :Friday , 28th August 2015
Germany has announced support for the renewable energy sector in Tunisia applauding the country for adopting the green energy.
According to German’s Parliamentary State Secretary to the German Federal Minister for Economic Co-operation and Development Thomas Silberhorn during his visit to Tunisia German is currently focusing in cooperating with African c. . ..jpg)
Nuclear power plants in Kenya to be constructed
Posted on :Friday , 28th August 2015
Plans to construct nuclear power plants in Kenya are expected to see the country shift from geothermal and hydropower to nuclear power so as to ensure future security and growth; this is according to the Ministry of Energy.
Energy Principal Secretary Joseph Njoroge confirmed the reports and said that the government will set up a series of nuclear power plants . . .Please Select an Option
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