Market News
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GE chases $10bn African target
Posted on :Thursday , 4th June 2015
GENERAL Electric (GE) is seeking to more than double revenue from Africa to as much as $10bn over the next five years as it targets power, health and locomotive opportunities in countries including Nigeria and Ethiopia.
"We’re bullish on Nigeria," GE’s president for transportation for Africa and CEO of its South African business, Thomas K. . .Enel Green Power announces start of construction on an 82.5 MW PV plant in South Africa
Posted on :Wednesday , 3rd June 2015
Enel Green Power (EGP, Rome, Italy) has begun construction of the Pulida solar photovoltaic (PV) plant, which is located in the Free State Province in South Africa.
The PV project will have a total installed capacity of 82.5 MW and once fully operational will be able to generate more than 150 GWh of solar power annually, equivalent to the annual consumption needs of around 48,000. . ..jpg)
Tanesco mulls more renewable energy projects
Posted on :Wednesday , 27th May 2015
Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.
“Traditional energy sources such as gas and coal will be depleted over time but wind and solar will always be there,” Mr Mramba said after offici. . .Rosatom, ready to empower Africa.
Posted on :Friday , 17th April 2015
Global nuclear giant Rosatom incorporates more than 350 companies worldwide and includes civil nuclear companies that specialize in power generation and nuclear fuel production, nuclear and radiation safety complex facilities, fundamental and applied science, nuclear medicine organizations, as well as the world’s only nuclear-propelled fleet of ice breakers.
. . .Construction of a new high voltage power line in Kenya to cost US$ 93m
Posted on :Thursday , 26th March 2015
A new high voltage power line that will be constructed to link geothermal power plants in Olkaria to Kisumu is set to start on May, Kenya Electricity Transmission Company Ltd (Ketraco) has said and complete in June 2017.
The power line project, which is expected to cost US$ 93m, aims at reducing the ongoing blackouts experienced in Western Kenya. The new line . . .Please Select an Option
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