Market News

The first solar powered airport in  South Africa has officially been opened making it a first of its kind in Africa.   Environmental Affairs Minister Edna Molewa congratulated the Department of Transport as it is one of the key departments paving way for South Africa’s Green Econom . . .

Mobisol Marketing Manager Allan Rwechungura said in Dar es Salaam at the weekend that the campaign targets to improve lives of hundreds of thousands of Tanzanians living in off grid areas -- particularly those in rural areas where power supply is still a problem -- by enabling them to access afforda . . .

Equity Bank has partnered with an Indian solar energy firm to advance buyers of its equipment loans at interest rates of as low as eight per cent.   The lender said that the deal with Orb Energy is meant to trigger uptake of solar water heating equipment, solar lamps, solar powered TV and sol . . .

Solar energy projects are to provide 18,000 to 22,000 MW of additional power in Sub-Saharan Africa by 2030. Another 11,000 to 14,000 MW will come from new projects involving solar, geothermal, wind, hydroelectric and natural gas, as well as a few thousand more megawatts from making existing powe . . .

 The Zambia Cooperative Federation (ZCF) has announced that the 100 solar milling plants under the Presidential Initiative will be operational by February 15 this year.   ZCF director general James Chirwa said in an interview that all the solar mills arrived in Zambia last month from Chi . . .