Market News

 Italian power engineering company Ansaldo Energia has been awarded three contracts worth US$266mn in Egypt AnsaldoEnergia-EgyptAnsaldo Energia will supply two AE94.2 gas turbines rated at 170MW each for the open cycle power plant in Al Mahmoudia.  The first two contracts cover the conve . . .

 KenGen is set to develop a 400 megawatt (MW) multibillion-shilling wind power farm in Meru, adding to its growing portfolio of renewable energy sources.   The first phase of the wind power project, which is expected to complete by December 2017, will generate 100MW at a cost of Sh26.4 b . . .

 The Genesis Energy Corporation have signed a Strategic Partnership contract with the SHP Malthe Winje a Norwegian Group company to offer a pioneering platform for multiple deployment on fast track basis of Modular Mini Hydro Power solutions that will provide power services for a reasonable sho . . .

Dar es Salaam — The Rural Energy Agency (REA) has hinted that the availability of adequate fund and unwillingness of private sector to invest in off grid areas among major challenges towards improving access to electricity in rural communities writes EMMANUEL KISIMA. This was said by REA So . . .

Industries have embarked on energy audit to minimise electricity costs that account for between 15 and 40 per cent of total production overheads. The audit is a pre-requisite for industries to implement energy efficiency, but financing the exercise remains a big challenge. The Confederation of Tanz . . .