Market News
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South Africa to announce 1,000 MW of renewable energy contracts
Posted on :Thursday , 18th December 2014
JOHANNESBURG - South Africa will announce a series of renewable energy projects on Monday that will add 1,000 megawatts (MW) of power into the country's constrained electricity grid.
It is also committed to introducing renewable into its mix of power generation, 95 percent of which is coal at the moment.
The so-called "Window 4" of its renewable energy bidding . . .Tanzania: Shot in the Arm for Energy Sector Projects
Posted on :Thursday , 18th December 2014
The United States government, through the Millennium Challenge Corporation (MCC), has promised to provide 78 million US dollars to support the development of high impact investment projects in the energy sector, it was announced yesterday.
The agreement was signed on Friday in Dar es Salaam between the Minister for Finance and Economic Affairs, Ms Saada Mkuya and MCC Vice-President of. . .Tanzania: Over 1,000 to Access Power in Mbinga Next Year
Posted on :Thursday , 18th December 2014
Dodoma — MORE than 1,100 people in Mbinga district, Ruvuma region, will be connected with electricity next year through the Rural Energy Agency (REA), Parliament was told on Tuesday.
This was said by Deputy Minister for Energy and Minerals, Charles Kitwanga, when responding to a question raised by Gaudence Kayombo (Mbinga North - CCM) who wanted to know . . .Nigeria gets $200m renewable energy loan from Germany
Posted on :Tuesday , 9th December 2014
Nigeria has received a green loan facility from the German Development Bank (KFW) worth $200 million to develop her small scale renewable energy sector, This Day reports. The loan is aimed at development of renewable energy sources and other energy efficiency projects.
This was disclosed by the leader of the German delegation; Renate Von Bodden at a Bi-nationa. . .The Geregu II gas turbine power plant in Nigeria
Posted on :Monday , 24th November 2014
In the Nigerian state of Kogi, Siemens has completed the Geregu II gas-turbine power plant in Ajaokuta on schedule. The customer is Niger Delta Power Holding Company (NDPHC), the state-run energy provider in Nigeria. As part of the turnkey construction project, Siemens supplied three E-class gas turbines as well as the associated generators. With an electrical capacity of 434 megawatts (M. . .
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