Market News

Nairobi — Kenya Power has signed power purchase agreements with four local generators for the uptake of 20.8MW additional power capacity from renewable energy sources.   Signed in 20-year arrangements under feed-in tariff policy that aims at encouraging investments in renewable energy p . . .

Israeli energy firm Ormat Technologies has teamed up with Japan's Toshiba Corporation to source and implement joint geothermal contracts.   The first project expected to be implemented under the deal signed Friday is Nakuru's Menengai Crater to be constructed and operated by the Ormat - Symbi . . .

France says it has granted 170 million dollars aimed at increasing the power supply for the Federal Capital Territory (FCT).   The French Ambassador to Nigeria, Mr Denys Gauer announced this on Thursday in Abuja in a remark at the Nigeria Alternative Energy Expo 2015.   Represented by . . .

 A Russian nuclear firm Rosatom Corporation has announced plans to construct four Reactors in Dabaa nuclear plant in Egypt.   The  Nuclear power company is currently pushing to expand its market to the middle East being one of the most growing market in nuclear power.   Rosat . . .

 The long awaited plans for the  construction of Dabaa Nuclear power plant in Egypt has finally taken shape as officials from Egypt and Russia got into final talks on the way forward.   According to reports from the Egyptian Authority the Russia state-owned Rosatom has reached final . . .