Market News
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Constructed Gilgel Gibe III dam to generate more power for Africa
Posted on :Thursday , 27th August 2015
The construction of the Gilgel Gibe III hydro-electric dam in Ethiopia which is almost fully operational will bring an additional 1870MW to the national grid.
The US$ 1.8bn Gilgel Gibe III construction project which is the largest hydro-power plant in Ethiopia and one the biggest in Africa will be an asset to the country as it will have the capability of stori. . .
Biogas plant in Africa boosts energy production a year after construction
Posted on :Tuesday , 25th August 2015
The constructed biogas plant in South Africa located in the Uilenkraal dairy farm in the Western Cape has broken the record by achieving a 1.5GWh electricity production this August just a year after it began operation.
Since production work begun, the plant has been meeting 95 percent of the electricity demand for dairy farmers, animal feed milling and crop ir. . .
The construction of high efficient power plant in Africa to commence
Posted on :Tuesday , 25th August 2015
Tobene Power S.A is set to begin the construction of high efficient power plant in Senegal after the country’s Tobene Power Project signed a financing deal with the World Bank Group International Development Association.
According to a statement released by Republic of Senegal, other banks involved in the financing of the project includes the Citib. . .
Libya\'s state power firm in talks with Turkish companies
Posted on :Tuesday , 25th August 2015
Tripoli - Libya's state electricity firm is in talks with Turkish firms to get them to return to carry out badly-needed maintenance work at power plants in the North African nation, a senior official with the Libyan company said.
Libya has been hit hard by power outages as fighting between rival factions damaged plants, interrupted the grid and made the import of sp. . .
Ghana looks to nuclear to solve energy deficit
Posted on :Friday , 21st August 2015
Ghana has taken an important step on the road to achieving nuclear power, passing the Ghana Nuclear Regulatory Bill
The bill, which is currently awaiting presidential assent before being officially signed into law, details the establishment of a regulatory authority to ensure the safe and responsible use of nuclear materials.
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