Market News

 London-based Genesis Energy Corporation and Norway’s SHP Malthe Winje have decided to fast-track the deployment of modular mini hydro power solutions for Nigeria and the entire African continent at large   SHP Malthe Winje are considered market leaders in manufacturing and supplyi . . .

 Italian power engineering company Ansaldo Energia has been awarded three contracts worth US$266mn in Egypt AnsaldoEnergia-EgyptAnsaldo Energia will supply two AE94.2 gas turbines rated at 170MW each for the open cycle power plant in Al Mahmoudia.  The first two contracts cover the conve . . .

 KenGen is set to develop a 400 megawatt (MW) multibillion-shilling wind power farm in Meru, adding to its growing portfolio of renewable energy sources.   The first phase of the wind power project, which is expected to complete by December 2017, will generate 100MW at a cost of Sh26.4 b . . .

 President Uhuru Kenyatta has broken ground to start Africa's biggest wind power project in Laisamis, Marsabit County, as Kenya took giant steps in asserting its position as a leader in green energy production globally.   The project is also the biggest single private sector initiative o . . .

 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 sho . . .