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Siemens signs power plant construction deal with Africa

Siemens has penned down a power plant construction deal with Egypt to fund of the power project that they are set to construct in the country. The financial closure agreement with German industrial giant Siemens will see Orascom Construction, and El-Sewedy Electric fund the construction of three electricity production undertakings in Egypt. The long awaited function that will see Egypt’s power shortage cut short was.... Read more »

Posted on : Tuesday , 24th November 2015

Siemens signs power plant construction deal with Africa

Siemens has penned down a power plant construction deal with Egypt to fund of the power project that they are set to construct in the country. The financial closure agreement with German industrial giant Siemens will see Orascom Construction, and El-Sewedy Electric fund the construction of three electricity production undertakings in Egypt. The long awaited function that will see Egypt’s power shortage cut short was overseen by.... Read more »

Posted on : Monday , 23rd November 2015

Kenya: Cheap Renewable Energy Will Drive Kenya's Economy

The Kenya International Investment Conference is set to take place in Nairobi on November 23-25, showcasing investment opportunities. The country is already attracting a multitude of global investors and over the past 12 months, we have seen a rise in interest in the agribusiness, ICT, apparel and textiles, leather, renewable energy, property, tourism and logistics sectors. To further build on this interest, KIICO 2015 will.... Read more »

Posted on : Thursday , 19th November 2015

Zambia: K200 Million for Renewable Energy

Swedish Ambassador to Zambia Henrik Cederin has revealed that his country will invest up to K200 million towards implementation of renewable energy in Zambia. Mr Cederin said Sweden would invest in renewable sources of energy in a bid to mitigate the ongoing energy crisis not only in Zambia but the COMESA region as a whole. He was speaking in Lusaka yesterday when he presented his credentials to COMESA secretary general Sindiso.... Read more »

Posted on : Thursday , 19th November 2015

Deepak Khilnani Announces Sub-Saharan Africa's Largest Gas Engine Power Project

London — Cummins Cogeneration Limited (CCL), headed up by Deepak Khilnani, and WUTA Energy are set to commence the development of a 140MW gas-fired power plant. Based in Beyin, the plant is the first phase of a 300MW Power Purchase Agreement to supply energy to the Ghanaian Grid, and once complete, it will be the largest gas engine power project in sub-Saharan Africa. After successfully operating 100MW of gas-based power projects.... Read more »

Posted on : Thursday , 19th November 2015

Intratrek Wins Another Power Tender

Golden Sibanda — Munyati Power Station will have its electricity generation capacity restored to 100 megawatts after Indian firm, Jaguar Overseas Limited (JOL) and its local partner were awarded the engineering procurement tender to refurbish the plant. Jaguar Overseas, backed by its local partner Intratrek Zimbabwe Limited, was awarded the rehabilitation tender at an EPC price of $113 million excluding taxes, as the efforts to solve.... Read more »

Posted on : Thursday , 19th November 2015

Huge Investment On Green Energy Attracts FDI in East Africa

Ethiopia is hugely investing in energy especially in renewable energy which enables the country to be the leading manufacturing hub and power exporter in Africa. Chairman of the Executive Board for 2016 World Energy Congress has said Ethiopia's drive towards building environment friendly energy is a pulling factor for more FDI. Board Chairman Assistant Professor Hassan Mura Mercan, who is also Turkish Deputy Minister of.... Read more »

Posted on : Thursday , 19th November 2015

Construction of nuclear power Plants in Africa to proceed

The government will continue with the construction of nuclear power plants in South Africa, Head of Nuclear Energy Corporation (Necsa), Phumzile Tshelane, has said. Tshelane indicated that they had the two options of coal and nuclear to increase their power supplies as other methods were not ad good given the climatic changes. South Africa had already signed nuclear agreements with Russia, China, France the US,.... Read more »

Posted on : Thursday , 19th November 2015

Construction begins on one of the largest gas power plant in Africa

Ghana has begun the construction of what it says will be the largest gas-fired power plant in sub-Saharan Africa to take advantage of the country’s rich reserves of natural gas. The gas power plant in Ghana, developed by Cummins Cogeneration Limited and WUTA Energy, will generate 300mw of power when completed. The first 140mw phase will be connected to the Ghanian Grid next year. The mega gas power plant in Ghana.... Read more »

Posted on : Thursday , 19th November 2015

France boosts energy efficiency in East Africa

The French Development Agency (AFD) under the SUNREF programme has pledged to help in boosting energy efficiency in Uganda, the country’s Commissioner for Energy James Banabe has said. AFD which seeks to finance green projects, has earmarked $13 million to fund companies looking to implement energy efficiency in Uganda by financing equipment and measures. He said that approximately 64% of the electricity.... Read more »

Posted on : Thursday , 19th November 2015

East Africa: Rusumo Power Project Draws 20 Firms

Twenty firms have been prequalified to bid for the construction of the regional Rusumo Falls Hydroelectric Project, which is expected to add 80MW to the Rwanda, Burundi and Tanzania power grids by 2019. The current electricity generation in the region cannot meet the increasing industrial and domestic demand, with governments using heavy diesel generators, thus pushing up power tariffs. The project has attracted six Chinese.... Read more »

Posted on : Monday , 16th November 2015

Rwanda: Fresh Boost for Renewable Energy Bid

The Climate Investment Funds (CIF), a multilateral climate finance vehicle, has endorsed Rwanda's renewable energy investment plans, making the country eligible to benefit from $50 million (about Rwf37 billion) for renewable energy funding. The funds are provided under the Scaling Up Renewable Energy in Low Income Countries Programme (SREP). SREP funding of $50 million is expected to help develop financially sustainable.... Read more »

Posted on : Monday , 16th November 2015

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