Market News
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Enel Green Power announces start of construction on an 82.5 MW PV plant in South Africa
Posted on :Wednesday , 3rd June 2015
Enel Green Power (EGP, Rome, Italy) has begun construction of the Pulida solar photovoltaic (PV) plant, which is located in the Free State Province in South Africa.
The PV project will have a total installed capacity of 82.5 MW and once fully operational will be able to generate more than 150 GWh of solar power annually, equivalent to the annual consumption needs of around 48,000. . .Tanzania: Mchuchuma Coal Mine for Takeoff
Posted on :Thursday , 28th May 2015
THE Minister for Trade and Industry, Dr Abdallah Kigoda, on Tuesday unveiled a catalogue of industrial projects, including a 5trn/- Mchuchuma coal and Liganga iron ore projects set to kick off this year.
Moving his ministry's budget estimates, Dr Kigoda stated that the government and partnering investor have already secured 5tri/- for implementation of the pro. . ..jpg)
Tanesco mulls more renewable energy projects
Posted on :Wednesday , 27th May 2015
Tanzania Electric Supply Company (Tanesco) Managing Director, Engineer Felchem Mramba, said although renewable energy technology is currently expensive but the future remains in exploiting wind and solar.
“Traditional energy sources such as gas and coal will be depleted over time but wind and solar will always be there,” Mr Mramba said after offici. . .Tanzania: REA Mulls Power to 1.2 Million Rural Residents By 2020
Posted on :Tuesday , 26th May 2015
The Rural Energy Agency (REA) envisages supplying 1,250,000 rural dwellers with electricity in the next five years, thanks to about 900bn/- that the government has set aside to support the grand project.
REA Chairman Edmund Mkwawa, releasing the agency report on implementation of rural energy projects in Dar es Salaam over the weekend, said the massive rural electrification proje. . .Shell to add firepower to BG assets in East Africa LNG race
Posted on :Monday , 25th May 2015
Royal Dutch Shell’s $70 billion takeover of BG Group Plc will put Europe’s largest energy company in the middle of East Africa’s race to export natural gas and is set to boost the chances of Tanzania becoming a major supplier.
The acquisition would include stakes in three blocks off the coast that contain one-third of Tanzania’s estimated resource. This ma. . .Please Select an Option
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