Market News
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Norwegian company to partner and invest in Africa\'s hydro power generation
Posted on :Friday , 3rd July 2015
The Genesis Energy Corporation have signed a Strategic Partnership contract with the SHP Malthe Winje a Norwegian Group company to offer a pioneering platform for multiple deployment on fast track basis of Modular Mini Hydro Power solutions that will provide power services for a reasonable short period of time to the nation of Nigeria and the Africa continent at large.
Kenya: Self-sufficient in terms of electricity generation
Posted on :Thursday , 2nd July 2015
Kenya electricity generation has received a boost after more than 280MW was added to the national grid last year, Kenya became self-sufficient in terms of power generation.
“Kenya is now self-sufficient in terms of power generation after more than 280 MW was added to the grid last year from various geothermal projects,” said Kenya Power chief execu. . .Kenya Power in Sh3.2 Billion Substations Upgrade
Posted on :Saturday , 27th June 2015
Nairobi -Kenya Power has signed contracts worth Sh3.2 billion with local firms to implement 12 substation upgrade projects in the country.
The deal will also involve the construction of additional 33 kV power distribution lines to meet growing demand for increasing number of customers.Kenya Power CEO Ben Chumo said the upgrade project. . .World Power Sector Emissions Seen Peaking in 2029 - Research
Posted on :Wednesday , 24th June 2015
Global greenhouse gas emissions from the power sector are expected to peak in 2029 and then start falling, but will still be some way above levels needed to limit temperature rise, research showed on Tuesday.
Electricity generation worldwide is forecast to rise by 56 percent by 2040 as economies develop and populations grow, which will hit a peak in power sect. . .
Lekela Power signs off on MOU for 50MW PV plant in Egypt
Posted on :Saturday , 20th June 2015
Lekela Power, a 60/40 joint venture between Actis and Mainstream Renewable Power, has signed memorandums of understanding (MOUs) with the New and Renewable Energy Authority (NREA) for a 50MW plant in Aswan, Egypt, and a 50MW wind power plant in the West Gulf of Suez.
Chris Antonopoulos, CEO of Lekela Power, said: “We are pleased with the two MOUs, which . . .Please Select an Option
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