Market News
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Libya\'s state power firm in talks with Turkish companies
Posted on :Tuesday , 25th August 2015
Tripoli - Libya's state electricity firm is in talks with Turkish firms to get them to return to carry out badly-needed maintenance work at power plants in the North African nation, a senior official with the Libyan company said.
Libya has been hit hard by power outages as fighting between rival factions damaged plants, interrupted the grid and made the import of sp. . ..jpg)
Erin Energy Enters Next Phase Of Exploration In Kenya�s Block L1b And L16
Posted on :Monday , 24th August 2015
The Kenyan Government has granted Erin Energy approval to enter the First Additional Exploration Period (FAEP) on its onshore blocks, L1B and L16.
This follows Erin Energy completion of the required work program for the Initial Exploration Period of the blocks earlier this year where it announced it had exercised its right, in accordance with the provisions of. . .
Ghana looks to nuclear to solve energy deficit
Posted on :Friday , 21st August 2015
Ghana has taken an important step on the road to achieving nuclear power, passing the Ghana Nuclear Regulatory Bill
The bill, which is currently awaiting presidential assent before being officially signed into law, details the establishment of a regulatory authority to ensure the safe and responsible use of nuclear materials.
A number of re. . .
Uganda power company invests in smart meters
Posted on :Friday , 21st August 2015
Uganda's retail power distributor Umeme Power Company is reported to be investing US$24mn in automated meter-reading technology that uses smart meters to help it curb energy losses among large commercial consumers
A smart meter records consumption of electric energy, relaying that information back to the company for monitoring and billing. It also allows for two-way. . .
Construction of Akiira geothermal plant in Kenya boosts Kenya Power
Posted on :Thursday , 20th August 2015
The construction of Akiira Geothermal plant in Kenya has boosted power supply in Kenya after the firm signed a 70MW power deal with Kenya Power that will boost the chances of attaining the 5,000MW goal set by the Kenyan Government.
The 70megawatt power purchase agreement (PPA) between the two companies will last for 25 years and will see Kenya Power buy elect. . .Please Select an Option
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