Market News
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Renewable power technology is on the rise
Posted on :Wednesday , 8th July 2015
In North Africa, Egypt’s New and Renewable Energy Authority (NREA) will soon call for interested bidders to submit proposals for the construction of solar and wind power plants with a total generation capacity exceeding 2,000MW.NREA Head Mohamed Salah Sobky said that the authority receives dozens of offers daily from Arab and foreign companies to establish the renewable pow. . .SEFA doubled its grant portfolio to small- to medium- sized clean energy projects in 2014
Posted on :Wednesday , 8th July 2015
The Sustainable Energy Fund for Africa (SEFA) announced that it more than doubled its project portfolio last year, with commitments of USD 6.5 million, for 10 new projects all over the continent during the launch of its 2014 Annual Report.
SEFA 2014 highlights include: USD 3.6 million in preparation grant approvals for projects in Burkina Faso, Cameroon, Ethio. . .More Kenyans in rural areas applying for cheap power connection
Posted on :Wednesday , 8th July 2015
NAIROBI: Kenyans living within 600m radius of electricity transformers are taking up the Government’s offer for cheap connection, Kenya Power has said.
Kenya Power Managing Director Ben Chumo said most of those who have applied to be connected are from rural areas.Dr Chumo said he was encouraged by how Kenyans were taking . . .A US$400m gas-fired plant boosts Africa\'s energy needs
Posted on :Tuesday , 7th July 2015
The Côte d’Ivoire republic has commissioned a US$400m gas-fired plant at the Azito Energie. This comes at a time when the nation is focusing on the expansion of energy infrastructure and development to enable the country to export power to the neighbouring countries such as Guinea, Liberia and Sierra Leone given that the current power export from Côte d’Ivoire go. . .Gensets aiding economic growth in Africa
Posted on :Tuesday , 7th July 2015
In 2014, Nigeria imported a total of 28,678 genset units totalling to US$185.5mn, as per data provided by PowerGen Statistics genset-africa-USAIDThe sales of products in the global generator market have been particularly strong in regions which have an unreliable electricity supply, such as countries in Africa and Asia.
According to industry sources, telecommunications and. . .Please Select an Option
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