First Coal power plant in Egypt will be constructed at a cost of US$3b a move that will boost the country’s  power sector. The move comes after the country signed a power plant construction deal with Siemens and scatec. According to officials in the Ministry of Electricity and Renewable Energy, a deal will be signed with a UAE company to help establish the first coal-operated power generating station in South Sinai in March.... Read more »

Posted on : Tuesday , 3rd November 2015

High-level sources in the Ministry of Electricity and Renewable Energy said that the ministry will sign with a UAE company a contract for establishing the first coal-operated power generating station in South Sinai next March.   The sources said that the ministry is currently finalizing the environmental studies and timetable of the project, where the Egyptian Electricity Holding Company will hold negotiations with the UAE company about.... Read more »

Posted on : Monday , 2nd November 2015

 A recent Gas discovery in Egypt is likely to put the country back to its former position where it used to export energy. This follows the discovery of huge Zohr natural gas field at the coastline of the country.   Discovered by oil exploration company Eni, The move will see the country back into exporting liquefied natural gas (LNG), making the bright spot of demand it has created in an oversupplied global gas market.... Read more »

Posted on : Monday , 2nd November 2015

Kenya Power has posted a 6 per cent increment in net profit to Sh7.43 billion for the year ended June 30.   Net earnings for the previous year stood at Sh6.99 billion.   The utility's jump in profits was supported by increased electricity sales and a review of the electricity tariff that became effective at the start of December 2013.   "Electricity sales grew by 5 per cent from 6,790 million units the previous year to.... Read more »

Posted on : Friday , 30th October 2015

 A consortium that is tasked with the construction of a coal fired power plant in Kenya  Amu power, has confirmed that the building of the plant in Lamu will commence next year in January.   Amu Power is a company formed by a consortium of Centum and Gulf Energy.   The community liaison officer for Amu power Aboud Sheikhalifa confirmed the reports and said that all plans are set and ready for construction to.... Read more »

Posted on : Friday , 30th October 2015

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