Market News
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Kenya: Ngong Power Plant to Be Commissioned
Posted on :Tuesday , 18th August 2015
Kengen will soon commission its expanded Ngong wind power plant to scale up contribution from renewable sources. The wind farm, which was put up in three phases near Nairobi, has been generating 5.5MW to the national grid. Speaking in Naivasha yesterday, Kengen CEO Albert Mugo did not give the exact date of the launch.
He said wind generation constitutes one per cent of total ge. . .
Zuma Upbeat On Economy, Electricity Supply
Posted on :Tuesday , 18th August 2015
Despite slow growth globally, local economic growth is expected to increase to at least 3% over the next three years, President Jacob Zuma said on Tuesday. "[This is] because we expect the electricity constraints to ease," he told reporters at the Union Buildings in Pretoria.
It was estimated that the electricity shortage was costing the economy one percentage point . . .
Liberia: Hydrochina International to Invest in Energy Sector
Posted on :Tuesday , 18th August 2015
Authorities of the Liberia Electricity Corporation (LEC) received a delegation from the HYDROCHINA INTERNATIONAL ENGINEERING CO., LTD., on Tuesday, August 4, 2015 as a follow up to a MOU signed between the LEC represented by its Chairman of the Board of Directors and the HYDROCHINA INTERNATIONAL ENGINEERING CO., LTD., on July 3, 2015 in the China. The meeting was centered on the HYDROCHIN. . .
4 Tanzanian firms lined up for US power grant
Posted on :Monday , 17th August 2015
Four Tanzanian companies are among 11 beneficiaries in Africa of one-million-US-dollar grant from the US President Baraka Obama’s Power Africa initiative to expand their renewable energy solutions to rural communities.
Power Africa said in a statement that the beneficiaries in Tanzania include the Benedictine Sisters of St. Gertrud Convent in the Njombe . . .
Private capital will end Africa power cuts by 2025, says survey
Posted on :Monday , 17th August 2015
Power cuts in 15 Sub-Saharan African countries could become an “exception” rather than a norm in 10 years time, with private capital expected to play an increasingly bigger role, according to a survey by PricewaterhouseCoopers (PwC) released yesterday.
The survey found that 96 per cent of the officials interviewed from Nigeria, South Africa, Zambia. . .Please Select an Option
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