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Market News

  • Kenya: Ormat Teams With Toshiba in Geothermal Energy

    Posted on :Saturday , 17th October 2015

    Israeli energy firm Ormat Technologies has teamed up with Japan's Toshiba Corporation to source and implement joint geothermal contracts.

     
    The first project expected to be implemented under the deal signed Friday is Nakuru's Menengai Crater to be constructed and operated by the Ormat - Symbion Power LLC - Civicon consortium.
     
    Ormat, whic. . .

  • Nigeria: France Grants U.S.$170 Million for Improved Power Supply in FCT

    Posted on :Saturday , 17th October 2015

    France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).

     
    The French Ambassador to Nigeria, Mr Denys Gauer announced this on Thursday in Abuja in a remark at the Nigeria Alternative Energy Expo 2015.
     
    Represented by Mr Georges Vanin, First Counsellor, Political Affairs a. . .

  • Rosatom announces plans to construct reactors in nuclear plant in Africa

    Posted on :Saturday , 17th October 2015

     A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.

     
    The  Nuclear power company is currently pushing to expand its market to the middle East being one of the most growing market in nuclear power.
     
    Rosatom hinted that talks with Egypt on the construction of . . .

  • New nuclear power plant takes shape in Africa

    Posted on :Friday , 16th October 2015

     The long awaited plans for the  construction of Dabaa Nuclear power plant in Egypt has finally taken shape as officials from Egypt and Russia got into final talks on the way forward.

     
    According to reports from the Egyptian Authority the Russia state-owned Rosatom has reached final stages of negotiating the construction of Egypt’s Dabaa nuclear power . . .

  • Energy Ministry Launches Western Area Extension Project

    Posted on :Thursday , 15th October 2015

    The Ministry of Energy Wednesday, 7 October launched a new project for the procurement, installation and commissioning of reinforcement and extension of minimum and low voltage network and supply of prepaid meters and vending stations in the Western area, almost 40 years since a similar project was carried out in the country.

     
    The project is financed by the Islamic D. . .

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