Market News

Scottish firm set to boost power generation in Africa
Scottish firm set to boost power generation in Africa
14 July 2015

 The African Energy Commission has concluded and issued a provisional license to Aggreko plc to boost power generation in Ghana by putting up a power generating plant at Esiama, in Ellembelle District. The power plant is expected to generate between 40-50MW of power for a start and later augmen . . .

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Viewing Lake Turkana Wind Power through Vision 2030 lens
Viewing Lake Turkana Wind Power through Vision 2030 lens
13 July 2015

Construction of the Lake Turkana Wind Power project at Loiyangalani in Marsabit County, has kicked off with the inauguration by President Uhuru Kenyatta, last week.   The project, expected to inject 310 megawatts of sustainable clean energy, is a private sector flagship project of Vision 2030 . . .

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Kenya Power monopoly at risk as firm vies for last-mile customers
Kenya Power monopoly at risk as firm vies for last-mile customers
13 July 2015

 Kenya’s renewable energy sector is set for a boost in September when a solar microgrid company plans to become the country’s first licensed private utility to sell power to the public, ending a half-century monopoly by the State electricity firm.   Earlier this year, the Gov . . .

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Africa needs clean energy investment to get power to all - panel
Africa needs clean energy investment to get power to all - panel
10 July 2015

 African governments should aim to increase power generation 10-fold to give all their people access to electricity by 2030, an effort that would require a big increase in investment focused on renewable energy, a panel of high-profile figures said.   Two in three Africans - around 621 m . . .

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Tanzania: Huge scope for investment in Untapped Renewable Energy
Tanzania: Huge scope for investment in Untapped Renewable Energy
9 July 2015

 Renewable energy is one of the most untapped sectors in the country. This was said in Dar es Salaam yesterday by an official with the German firm, the Organisation for Development Cooperation (GIZ), Mr Josephat Focus, at the ongoing Dar es Salaam International Trade Fair (DITF).   "Ther . . .

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