Market News | Power & Energy Tanzania 2025

Market News

  • LNG to grow in Sub-Saharan Africa

    Posted on :Friday , 26th June 2015

     Tanzania is estimated to hold significant reserves of gas offshore, equating to approximately 55 trillion ft3 of recoverable resources. BG Group and Statoil are currently developing the country’s only proposed LNG liquefaction facility, which will be fed by gas sourced from Blocks 1 and 2. The facility, which has an expected CAPEX of approximately US$30 billion, will comprise of at . . .

  • World Power Sector Emissions Seen Peaking in 2029 - Research

    Posted on :Wednesday , 24th June 2015

     Global greenhouse gas emissions from the power sector are expected to peak in 2029 and then start falling, but will still be some way above levels needed to limit temperature rise, research showed on Tuesday.

     
    Electricity generation worldwide is forecast to rise by 56 percent by 2040 as economies develop and populations grow, which will hit a peak in power sect. . .

  • Lekela Power signs off on MOU for 50MW PV plant in Egypt

    Posted on :Saturday , 20th June 2015

     Lekela Power, a 60/40 joint venture between Actis and Mainstream Renewable Power, has signed memorandums of understanding (MOUs) with the New and Renewable Energy Authority (NREA) for a 50MW plant in Aswan, Egypt, and a 50MW wind power plant in the West Gulf of Suez.

     
    Chris Antonopoulos, CEO of Lekela Power, said: “We are pleased with the two MOUs, which . . .

  • SIEMENS SIGNS $9BN DEAL WITH EGYPT

    Posted on :Saturday , 20th June 2015

     Siemens has signed its single biggest ever order – worth €8bn ($9bn) – to provide gas-fired plants and wind power installations to Egypt.

    The new projects will boost Egypt’s power generation capacity by more than 50 per cent and will add anSimens president Joe Kaeser extra 16.4 GW to Egypt’s grid.
     
    The deal was signed in Berl. . .

  • CHINA TO BUILD 50 MW SOLAR POWER PLANT IN KENYA

    Posted on :Saturday , 20th June 2015

     China is to build one of Africa’s largest solar power plants, an official has announced.

     
    China’s ambassador to Kenya, Liu Xianfa, said on Friday that his country had signed an agreement to build the 50 MW project near the northeastern Kenyan city of Garissa. The project will be financed by a loan from the China Import-Export Bank.
     

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