Five African heads of states have jointly signed a grant with the European Union President, Jose Manuel Barroso, in New York, a grant that will seek to woo private investors into sustainable energy development. The beneficiaries include Rwanda, Cape Verde, Cote D ‘voire, Liberia and Togo.   The grant portions to the five states will be managed by their respective ministries of finance, and will only be awarded to private investors.... Read more »

Posted on : Monday , 29th September 2014

Solarcentury is to design and construct Africa’s largest solar carport on the uppermost storey of a car park at Garden City Mall, part of the new 32-acre integrated residential, retail park, hotel and office development on Nairobi’s Thika Superhighway.   The clean solar electricity generated by the 858kWp system will be used by the retail tenants.   The solar installation will be financed under NVI Energy’s.... Read more »

Posted on : Monday , 29th September 2014

South Africa is set to get a new nuclear power plant, following the signing of a cooperation deal with Russia recently. Both sides noted that the nuclear power plant will have a production capacity of up to 9.6 GW based on Russian Technology, by 2030. The announcement was made during an International Atomic Energy conference in Vienna this Monday.   The South African Minister for Energy, Tina Joemat-Pettersson, noted that the agreement.... Read more »

Posted on : Monday , 29th September 2014

The government of Rwanda is planning to construct a new US$ 260m peat-fueled power plant in Gisagara district, Rwanda to add up to 80 megawatts into its national grid.   To be constructed in partnership with a Turkish company, Hakan, the new peat power plant will help address the country’s growing energy demands.   The project is the second in the country after the Gishoma peat power plant that is nearing its completion and.... Read more »

Posted on : Monday , 29th September 2014

Two solar-powered plants are set to be constructed in Kumbotso, Kano state and Karu, Abuja state of Nigeria. The project will require US$106m to fund the construction, and each each solar power plant will give off 50MW.   A consortium of international investors, Global Business Resource of USA this week submitted a proposal to the relevant Nigerian ministry, in which they also propose to carry out Geographic In­formation System (GIS).... Read more »

Posted on : Monday , 29th September 2014

 A network of wind power farms, with 600-megawatts will be set up in Egypt in three years. This is according to Egyptian Vice President Wael Hamdy. El Sewedy Electric, which is the company planning to build the farms, will start on measuring wind speeds, assessing key environments and carrying out topographic studies in relation to the wind power plants project.   Elsewedy Electric was named on July as the winner of the state tender.... Read more »

Posted on : Monday , 22nd September 2014

    Egypt is planning to offer two tenders for projects that will see it add 8GW of coal power, wind and solar, according to Minister of Investment Ashraf Salman. The Minister said last week that two coal power plants will be constructed in the 2014/2015 fiscal year (as part of the overall plan), and will help the country meet the growing need for electricity.   A power generation project relating to generating 4Gw of power.... Read more »

Posted on : Monday , 22nd September 2014

    A 1200 MW thermal power station and a coal mine are set to be constructed in Western Zimbabwe, after three firms from China came up with the proposal. These projects will help cut down on power shortages in a country where only 1100MW of power is being produced at the moment. This is just half of what consumers really need.   The three companies under the thermal power station deal are Shanghai Electric, Shenergy Co Ltd.... Read more »

Posted on : Monday , 22nd September 2014

    Investment in electricity will average $20bn per annum in 2017, the Chief Executive Officer, Nigerian Electricity Regulatory Commission, Mr. Sam Amadi, has said. Amadi spoke at a seminar tagged, ‘Dividends of Privatisation of the Nigerian Power Sector’, organised by the financial services group of the Lagos Chamber of Commerce and Industry. Amadi, who was represented by the Head of NERC South West, Zonal Office, Mr..... Read more »

Posted on : Friday , 19th September 2014

 All is set for construction of the to-be-largest ever thermal power in Morocco, Safi thermal power plant, after signing of investment contract relating to the setting up of the plant. The signing of the contracts was done in presence of Government Chief Abdelilah Benkirane in Rabat on Wednesday this week.   Once completed, Safi thermal power plant will give off 1, 386MW of power and will be part of the government’s strategy to.... Read more »

Posted on : Friday , 19th September 2014

 Cairo — Egypt's cabinet amended on Wednesday the law governing the New and Renewable Energy Authority (NREA) to allow the authority to form companies to produce and sell electricity.   The NREA works under the auspices of the ministry of electricity. It is concerned with carrying out projects for the production and use of renewable energy.   As per the new amendment, the authority will now be capable of luring investors.... Read more »

Posted on : Thursday , 18th September 2014

 The transitional electricity market (TEM), a stage that will ensure accountability and boost further investment in the Nigerian electricity market is expected to come on stream in November, BusinessDay has learnt. It was gathered that the Nigerian Electricity Regulatory Commission (NERC) had in a meeting on Wednesday considered the launch of the TEM in about two months’ time. TEM represents the intermediate step to move the.... Read more »

Posted on : Wednesday , 17th September 2014