Market News | Power & Energy Tanzania 2019

Market News

  • Clarke Energy Installs a Multi-Engine Power Plant at Kioo Limited’s Glass Bottle Manufacturing Facility in Tanzania

    Posted on :Wednesday , 12th June 2019

    Kioo Limited is the biggest manufacturer of glass packaging for the soft drink, alcohol and food industry in East and Central Africa. The multi-engine power plant installed by Clarke Energy has attain availability in excess of 95 per cent, with the two Jenbacher engines meeting the full, on-site power demand of the facility. A balanced power supply drastically improves product quality, compared. . .

  • Development Finance Institution In UK to Invest $300m in African Power Networks

    Posted on :Monday , 10th June 2019

    The UK government’s foreign investment tool, CDC Group, said it would provide more than $300m in a new business to expand electricity networks in Africa, which is one of the biggest hitches to economic development in the world’s indigent continent.  

    CDC chief executive Nick O’Donohoe said, Gridworks Company to get launched soon, and it will make fundi. . .

  • Better returns for Africa as it is contributing to improved use of renewable energy power across the continent

    Posted on :Friday , 3rd May 2019

    Developing economies everywhere Africa measure during a distinctive position to leapfrog a lot of developed nations by finance in cleaner, environmentally friendlier sources of power at a lower price - main factors conducive to improved use of renewable energy power across the continent.

     
    However, renewable energy resources hold nice promise and might give energy whe. . .

  • ACUMEN RAISES $70 MILLION TO FUND CLEAN ENERGY IN EAST AFRICA

    Posted on :Friday , 26th April 2019

    Acumen is a New York based non profit company that invests in sustainable and socially minded companies around the world.

    Established in 2001, Acumen has invested more than $115 million in 113 companies across Africa, Latin America, South Asia, and the United States Acumen Capital Partners a subsidiary of Acumen recently announced a $70 million funding for KawiSafi ven. . .

  • ENERGY NEEDS IN TANZANIA MET BY INVESTORS INVITED FOR WIND SOLAR PLANTS

    Posted on :Saturday , 13th April 2019

    As part of plans to diversify its energy generation mix and meet growing demand. Tanzania is seeking investors to build wind and solar power plants. With a minimum capacity of 50MW each the wind power plants are expected to generate 200MW .With  a minimum capacity of 20MW each.The solar plants will generate 150MW located in Dodoma, Singida, Shinyanga, Mwanza, Simiyu, Njombe and Iringa Regi. . .

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