Market News

GOVERNMENT is pursuing initiatives to save up to 300 Mega Watts of electricity by 2018 through using solar water heaters in homes and public institutions, an official has said. At least 20 percent of electricity is consumed wastefully, especially in domestic households. Speaking at a stakeholder con . . .

Kampala — Energy ministry in partnership with Access Uganda Solar Limited has launched a 10MW solar power plant in Soroti District, aimed at increasing power access in the eastern district.   The power produced from the $19m (about Shs64b) solar power plant is expected to be added to th . . .

Pretoria — The R5 billion Bokpoort concentrated solar plant (CSP) has officially been launched in Groblershoop, Northern Cape.   Trade and Industry Minister Rob Davies welcomed the major investment by ACWA Power, a Saudi Arabian company.   "[The] project instils confidence in gov . . .

Mutare, Zimbabwe — Zimbabwe is pushing forward with plans to build four new solar power plants, amid a drought that has battered its ability to generate hydroelectricity.   Severe dry conditions - linked to the El Niño weather phenomenon bringing extreme weather around the world . . .

Adrar — Six new solar power plants with a total capacity of 48 megawatts (MW) have been commissioned in the province of Adrar (1543-km south of Algiers), said Thursday the provincial director of the national electricity and gas company (SONELGAZ), Abdelhak Chaabane.   These facilities c . . .