SUBSTANTIAL investment in the energy sector is set to increase electricity generation to make history the long overdue power blues that have been contributing to cost of doing business. TIB Development Bank entered into a deal with the state owned Power Company (TANESCO) to release and arrange a syndicated loan aimed at putting new infrastructure, the transmission line from Somanga in Kilwa to Kinyerezi in Dar es Salaam. In the lucrative deal,.... Read more »

Posted on : Thursday , 29th October 2015

 The African Development Bank Group (AfDB) has boosted electricity access in rural Uganda following the approval of  US$ 121m loan to finance the project.   According to AfDB, the funds are expected to help in the improvement of livelihoods, growth of the economy and allow access to social services in rural areas as public institutions get connected to the national grid.   AfDB allocated US$ 100m and mobilized US$ 21m.... Read more »

Posted on : Wednesday , 28th October 2015

Many African countries are in the grip of a nuclear fad. They believe nuclear energy will bring with it an international currency of prestige. Countries with nuclear energy programs are seen as rich and technologically advanced and as a result possess advanced status compared to other developing countries. Nuclear is not new to Africa. It has been active since the 1950s when the Democratic Republic of Congo built Africa’s first nuclear.... Read more »

Posted on : Tuesday , 27th October 2015

 DNV GL has created prelimary wind atlases for Zambia, Tanzania and Maldives as part of a World Bank-funded energy management programme to encourage wind energy generation  windenergy blickpixel pixabayThrough maps, DNV GL can provide investors with verifiable and tangible information on wind energy potential in the three African nations.  The Energy Sector Management Assistance Programme (ESMAP) aims to reveal the extent of.... Read more »

Posted on : Tuesday , 27th October 2015

Olkaria — In its quest to generate more reliable, climate-friendly electric energy, Kenya has become the first country in the world to make use of temporary geothermal wellheads, which are currently injecting an extra 56 megawatts into the national grid.   According to engineers at the Kenya Electricity Generation Company (KenGen), it takes a number of years to construct a single geothermal power plant, because it has to be fed by.... Read more »

Posted on : Saturday , 24th October 2015

Gaborone — The dual listed African Energy says it is in good financial standing following steps the company undertook to reduce expenditure such as structured divestments and staffing levels, executive salaries and corporate overheads.   African Energy is listed in the Botswana Stock Exchange (BSE: AFR) and Australian Securities Exchange (ASX: AFR). The company states in its annual report released recently that it has acquired a.... Read more »

Posted on : Saturday , 24th October 2015

 The use of encroacher biomass as a source of renewable energy has a large potential for the energy sector and the economy as Nampower prepares to generate electricity from invader bush.   Electricity utility, Nampower will start with the feasibility phase as the finance strategy is yet to be confirmed. A 2012 pre-feasibility study found sufficient encroacher bush biomass to supply 10 plants of 20 MW each for about 189.... Read more »

Posted on : Saturday , 24th October 2015

 Preparation for construction of  Nuclear Power Plants in South Africa has begun in earnest after the department of energy received US $14.80m from the National Treasury for feasibility study putting into consideration the cost, benefits and risks involved.   This allocation comes a year after South Africa faith communities’ Environment Institute (SAFCEI) marked its first anniversary of protest against nuclear plans due to.... Read more »

Posted on : Saturday , 24th October 2015

 First commercially viable biogas plant in South Africa has began operation supplying renewable energy to automotive manufacturer BMW.   A year ago,  energy company Bio2Watt and BMW SA signed a deal for power generation which saw the first power supply happen early October.   The two companies have a ten year deal that will see to it that up to 30 percent of 12MW of energy is delivered to the Rosslyn plant from the 4.4MW.... Read more »

Posted on : Friday , 23rd October 2015

Information Technology giant Google has announced that it was buying 12.5 per cent stake in Africa’s largest wind farm that is the Lake Turkana Wind Power construction project in Kenya. The IT firm has agreed to purchase the stake in the wind farm project in Kenya from the project’s third-largest investor Vestas, when it becomes operational in 2018. Google is set to invest US$40,000 in Lake Turkana wind power construction.... Read more »

Posted on : Thursday , 22nd October 2015

 Lagos — STAKEHOLDERS from Nigeria government, utilities, consultants and investors will next month converge in Lagos to discuss the challenges of local markets, capacity building and investment in the regional power sector.   The summit will be held under the auspices of the West African Power Industry Convention (WAPIC) on November 24-25.   WAPIC will focus on Nigeria's renewable energy potential as clean the power.... Read more »

Posted on : Wednesday , 21st October 2015

Dar es Salaam — The government has said it is optimistic it can close the deficit of 1,290 megawatts of electricity to achieve the goal of generating 2,780 MW by the end of next year   "What we must now do is find a means of generating the remaining 1,290MW so that we can reach that target by end of next year.   "If we would have implemented the projects as I had visualized, we would now be quite contented,".... Read more »

Posted on : Wednesday , 21st October 2015